Long-term mutual funds experienced inflows of $7.04 billion for the week ended Wednesday, October 10, according to the Investment Company Institute.

Outflows from equity funds dropped to $2.61 billion for the week, compared to estimated outflows of $11.22 billion in the previous week.

Hybrid funds had estimated inflows of $139 million for the week, compared to estimated inflows of $2.26 billion in the previous week.

And bond funds again experienced inflows of $9.51 billion, compared to estimated inflows of $9.52 billion during the previous week.

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