U.S. stock funds shed $7.7 billion, ending four-week inflow streak -Lipper
NEW YORK (Reuters) – U.S.-based equity funds posted a $7.7 billion net outflow in the latest week, ending a four-week streak of inflows, according to Lipper.
Taxable bond funds attracted $5.4 billion in the week to Wednesday, their fifth straight weekly inflow, Lipper data released on Thursday showed. Money market funds drew $22.3 billion, the largest weekly inflow since May.
Source: Read Full Article