August 24, 2017 / 10:09 PM / 4 months ago

U.S. fund investors pull cash from stocks for 6th straight week

NEW YORK, Aug 24 (Reuters) - Investors pulled $3.4 billion from U.S.-based stock funds during the latest week, marking the funds’ sixth straight week of withdrawals, according to Lipper data on Thursday.

Taxable bond funds drew in $643 million during the week ended Aug. 23, their seventh straight week of inflows, the data showed. (Reporting by Trevor Hunnicutt and Kimberly Chin; Editing by James Dalgleish)

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