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KM Financial Solutions | UPDATE 1-Investors withdraw record $23.9 bln from U.S.-based stock funds -Lipper
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UPDATE 1-Investors withdraw record $23.9 bln from U.S.-based stock funds -Lipper

08 Feb UPDATE 1-Investors withdraw record $23.9 bln from U.S.-based stock funds -Lipper

Posted at 00:43h in News by
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By Trevor Hunnicutt
NEW YORK, Feb 8 (Reuters) – U.S. fund investors sucked $23.9
billion out of the stock market during the latest week, marking
the largest withdrawals from those funds on record, Lipper data
showed on Thursday, as the benchmark S&P 500 and Dow Jones
Industrials indexes sank further from their record highs.
The withdrawals from U.S.-based equity exchange-traded funds
(ETFs) and mutual funds took place during the

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