U.S. stock funds see fourth straight week of outflows: Lipper


Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 27, 2019. REUTERS/Brendan McDermid

NEW YORK (Reuters) – U.S. equity stock funds saw $390 million in outflows in the week ended on Wednesday, the fourth straight week of outflows for such funds, according to data released by Lipper on Friday.

U.S. taxable bond funds attracted $5.9 billion, the 16th straight week of inflows, while U.S.-based money market funds drew $28.9 billion in the latest week, Lipper data showed.

Reporting by Lewis Krauskopf; Editing by Chris Reese

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