Merchants work on the ground on the New York Inventory Change (NYSE) in New York, U.S., November 27, 2019. REUTERS/Brendan McDermid
NEW YORK (Reuters) – U.S. fairness inventory funds noticed $390 million in outflows within the week ended on Wednesday, the fourth straight week of outflows for such funds, in accordance with knowledge launched by Lipper on Friday.
U.S. taxable bond funds attracted $5.9 billion, the 16th straight week of inflows, whereas U.S.-based cash market funds drew $28.9 billion within the newest week, Lipper knowledge confirmed.
Reporting by Lewis Krauskopf; Modifying by Chris Reese