By Reuters

(Reuters) - U.S. equity funds attracted money inflows for the first time in three weeks in the week through July 30, fueled by optimism over a U.S.–EU trade deal and an upbeat corporate earnings season so far.

Investors bought a net $6.34 billion worth of U.S. equity funds during the week, logging their largest weekly net purchase since July 7, data from LSEG Lipper showed.

Weekly flows into US equity, bond and money market funds in $ million

The S&P 500 (.SPX) and Nasdaq (.IXIC)  hit record highs on Thursday after strong earnings from Microsoft (MSFT.O) and Meta Platforms (META.O), but closed off those levels.

LSEG data showed that, of the 317 S&P 500 constituents that have reported earnings so far, 81% have topped the estimates from analysts, exceeding the average 76% beat rate seen over the past four quarters.

The large-cap equity funds segment witnessed a net $7.81 billion inflow during the week after a three-week-long streak of net selling. Small-cap and mid-cap funds, however, saw net $3.9 billion and $35 million weekly sales respectively.

Sectoral funds gained a net $962 million for a second successive weekly purchase. The financial and tech sectors drew $650 million and $583 million weekly inflows, respectively.

Weekly flows into US equity sector funds in $ million

Investors, meanwhile, poured $6.08 billion into U.S. bond funds, extending their buying spree into a 15th week.

They invested a net $1.99 billion in U.S. short-to-intermediate investment-grade funds in their largest weekly purchase since July 2. Short-to-intermediate government and treasury funds, and municipal debt funds also witnessed $1 billion and $937 million worth of net inflows.

Weekly flows into US bond funds in $ million

Money market funds meanwhile witnessed $1.89 billion worth of withdrawals after a net $7.33 billion weekly purchase.

Reporting by Gaurav Dogra in Bengaluru Editing by Frances Kerry

Reuters report

This week on Reuters

• PayPal lifts 2025 profit forecast above estimates as turnaround picks up pace

• European equity funds log sharp outflows on tariff worries; US funds attract inflows

• Samsung Electronics shares extend gains after Tesla deal, but challenges remain

• Global gold demand up 3% in second quarter as investment jumps, WGC says