Fund investors continue retreat from U.S. stocks

Investors pulled approximately
$3.4 billion out of mutual funds and exchange traded funds that
hold U.S. equities last week, extending the largest sustained
pullback from the domestic stock market in more than a year,
according to data released Wednesday by the Investment Company
Institute.
The outflows marked the seventh out of the last eight weeks
that investors have pulled money out of U.S. stocks, pushing
year-to-date losses for the