US equity fund outflows extend to second week as Iran war sours sentiment.

U.S. equity funds ⁠were ⁠under selling pressure for ⁠a second straight week through March 11 as ​Iranian attacks on Middle East energy infrastructure and oil tankers ‌increased the risk of ‌economic stagflation. Investors divested a net $7.77 billion worth of U.S. ⁠equity ⁠funds during the week, adding to approximately $21.91 billion worth ​of net sales in the prior week, data from LSEG Lipper showed. U.S. crude prices soared 9.7% on Thursday, taking month-to-date gains ​to about 42.88% as…

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