October 10, 2019 / 7:48 PM / 3 days ago

U.S. stock funds see third straight weekly ouflow

Oct 10 (Reuters) - U.S. equity funds posted $6.2 billion in withdrawals in the latest week, the third straight weekly drawdown, according to data released by Lipper on Thursday.

U.S.-based taxable bond funds attracted $2.9 billion in the week to Wednesday, the ninth inflow in a row, while $14.7 billion moved into money market funds over the period, the Lipper data showed. (Reporting by Alden Bentley; Editing by Sandra Maler)

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