Fund investors continue retreat from U.S. stock market
Investors last week pulled
nearly $4.4 billion from mutual funds and exchange-traded funds
that hold U.S. stocks, continuing a retreat from the domestic
equity market that has extended over four of the last five
weeks, according to data released Wednesday by the Investment
Company Institute.
The pullback from the U.S. stock market came as concerns
about the trade war between the United States and China have
weighed on investor sentiment
nearly $4.4 billion from mutual funds and exchange-traded funds
that hold U.S. stocks, continuing a retreat from the domestic
equity market that has extended over four of the last five
weeks, according to data released Wednesday by the Investment
Company Institute.
The pullback from the U.S. stock market came as concerns
about the trade war between the United States and China have
weighed on investor sentiment
Posted by Reuters