December 19, 2019 / 9:19 PM / 4 months ago

U.S. stock funds shed $24.7 billion in week - Lipper

Dec 19 (Reuters) - U.S. equity funds recorded outflows of $24.7 billion in the latest week, the biggest weekly outflow in one year, according to Lipper.

U.S. taxable bond funds shed $4.3 billion in the week to Wednesday, the first outflow since the first week of August, while money market funds lost $30.9 billion, biggest weekly outflow since March, Lipper data showed.

Reporting by Alden Bentley; Editing by Sandra Maler

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