US equity fund inflows eased before Fed decision and big tech earnings

(Reuters) -U.S. equity fund inflows cooled significantly in the week to October 29 as investors refrained from taking major bets in the lead-up to an anticipated Federal Reserve rate cut and a batch of earnings reports from big technology companies. Investors bought $1.81 billion worth of U.S. equity funds during the week, a sharp reduction from approximately $9.65 billion weekly net purchase the prior week, LSEG Lipper data showed. The Fed trimmed interest rates by 0.25% as expected on Wednesday but sig ...