U.S.-based money-market funds attracted about $28 billion in the week ended Wednesday, their largest weekly inflow since mid-May, as the S&P 500 Index rose above 3,000 for the first time on Wednesday. It was money funds' third consecutive week of cash inflows, with a four-week moving average of $18.8 billion, according to data by Refinitiv's Lipper. The move in safe, conservative money-market funds is notable a


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Reuters

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