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Investors pull largest amount from U.S. stock funds since 2014
The roughly $25.1 billion in net outflows from domestic stock funds was the largest since the $25.2 billion pulled from the category during the week that ended Feb. 5, 2014. Over the last two weeks, investors have pulled approximately $30.6 billion from U.S. stock funds. At the same time, the benchmark S&P 500 index has notched several record highs, bolstered in large part by expectations of an equity-friendly interest rate cut by the Federal Reserve by the end of the year.
https://finance.yahoo.com/news/investors-pull-largest-amount-u-154744614.html?.tsrc=rss
The roughly $25.1 billion in net outflows from domestic stock funds was the largest since the $25.2 billion pulled from the category during the week that ended Feb. 5, 2014. Over the last two weeks, investors have pulled approximately $30.6 billion from U.S. stock funds. At the same time, the benchmark S&P 500 index has notched several record highs, bolstered in large part by expectations of an equity-friendly interest rate cut by the Federal Reserve by the end of the year.
https://finance.yahoo.com/news/investors-pull-largest-amount-u-154744614.html?.tsrc=rss
