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KM Financial Solutions | U.S. stock funds net cash for fourth straight week -ICI
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U.S. stock funds net cash for fourth straight week -ICI

05 Jun U.S. stock funds net cash for fourth straight week -ICI

Posted at 21:56h in News by
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NEW YORK, June 6 (Reuters) – U.S. fund investors socked away
$5.4 billion in equities during the latest week as desire for
bonds slipped, data from the Investment Company Institute (ICI)
showed on Wednesday.
Equity funds based in the United States took in cash for a
fourth straight week, according to the trade group, in the seven
days through May 30. Bond funds pulled in $2.2 billion, the
least in nine weeks.
Stocks are modestly positive so far this year, while many
U.S. bond funds h

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