U.S. equity funds saw net withdrawals of $3.04 billion in the week, the smallest in four weeks, as a Wall Street rally, led by strong tech sector gains from upbeat forecasts by TSMC and Super Micro Computer, tempered the outflows.
Oversold market poised for short-term rebound: Rohit Srivastava
And if we do not go beyond that and do start falling again, yes, we can create a case that this will become a further