{
  "id": 11421696,
  "title": "Global equity funds draw inflows for second week as AI optimism holds",
  "url": "https://urgent.news/2026/10/02/global-equity-funds-draw-inflows-for-second-week-as-ai-optimism-holds-11421696",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T10:28:17.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/global-equity-funds-draw-inflows-second-week-ai-optimism-holds-6426756"
  },
  "original_language": "en",
  "account": "Global equity funds received net inflows of $34.76 billion for the second consecutive week, driven by optimism surrounding AI investments and reduced US inflation. The week saw a decrease from the previous week's $44.31 billion. Micron Technology reported quarterly revenue above forecasts, indicating robust demand for memory chips in AI applications. Goldman Sachs also highlighted that leading US hyperscalers are set to spend $800 billion on capital expenditures in 2026, with expectations to rise to $1.1 trillion in 2027, fueled by strong revenue backlogs and a supply-constrained environment. The Federal Reserve's rate hike concerns diminished after a softer US inflation report in August, with July price pressures reported more moderate than initially expected. European and Asian equity funds experienced inflows of $6.19 billion and $6.16 billion, respectively, while sectoral funds saw net outflows of $919.7 million, particularly in technology funds after a three-week buying spree. Global bond funds attracted $4.76 billion in inflows, a slight decrease from the previous week's $9.24 billion. Short-term and government bond funds continued to see significant inflows of $5.43 billion and $4.13 billion, while high-yield bond funds experienced outflows of $2.29 billion. Money market funds registered net outflows of $116.52 billion, the highest weekly withdrawal since April 15. Among commodities, gold and precious-metals funds saw the smallest inflow in three weeks, while energy funds experienced net outflows of $559 million. In emerging markets, equity funds recorded outflows of $1.37 billion for the fourth consecutive week, and bond funds saw a net withdrawal of $1.75 billion.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Global equity funds draw inflows for second week as AI optimism holds",
        "url": "https://urgent.news/2026/10/02/global-equity-funds-draw-inflows-for-second-week-as-ai-optimism-holds",
        "published": "2026-10-02T10:28:17.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}