The bulls have regained control on the American equity market.
The S&P 500 Index capped a second weekly advance, ending the five days less than two points away from its all-time high. Investors plowed $38 billion into U.S. stock exchange-traded funds through Thursday, on pace for the best weekly inflow on record. Some $10.9 billion alone was poured into the biggest ETF that tracks the equity benchmark. Investors put $14.5 billion into U.S. equity funds in the week ending Sept. 19, according to EPFR Global data, the most since March.
