Cash outflows from bank loan funds declined slightly to $342 million during the week ended Sept. 10, versus outflows of $435 million last week and $297 million two weeks ago, according to Lipper. The influence of bank-loan ETFs on this week’s number was 21%, as Lipper recorded a $70 million outflow from ETFs. This compares to a $20 million inflow into ETFs last week. There now have been 20 weeks of outflows over the past 22 weeks, for a total outflow of $10.9 billion over that ...
U.S. Stocks Are Little Changed Before Fed Policy Decision U.S. stocks were little changed, following a three-day gain for the Standard & Poor’s 500 Index, as investors awaited the latest monetary-policy decision from the Federal Reserve. The S&P 500 added less than 0.1 percent to 1,942.54 at 9:31 a.m. in New York. “I would be shocked or alarmed if we get any surprising news out of the decision today,” Randy Frederick, managing director of trading and derivatives ...
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