(Reuters) – U.S.-based money-market funds attracted about $28 billion within the week ended Wednesday, their largest weekly influx since mid-Could, because the S&P 500 Index rose above 3,000 for the primary time on Wednesday.

It was cash funds’ third consecutive week of money inflows, in response to information by Refinitiv’s Lipper.

Reporting by Jennifer Ablan; Enhancing by Richard Chang

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