U.S stock funds post $3.3 billion weekly outflow: Lipper
- Global stocks eye new high on growth hopes, oil ebbs on COVID-19 fears
- Oil extends losses on U.S. stock build, pandemic concerns
- Cathie Wood's ARK Buys Over 5M Shares of Skillz (SKLZ), Nearly 3M Shares of IPO UiPath (PATH)
- Chipotle Mexican Grill (CMG) Tops Q1 Profit Views, Analysts Maintain Bullishness For 2021
FILE PHOTO: A sign is seen outside the 11 Wall St. entrance of the New York Stock Exchange (NYSE) in New York, U.S., March 1, 2021. REUTERS/Brendan McDermid
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
(Reuters) - U.S.-based stock funds in the week ended Wednesday posted $3.3 billion outflows, according to Lipper.
U.S. taxable bond funds attracted $8.2 billion, the 11th straight weekly inflow and money market funds drew $23.6 billion, the largest inflow since May, Lipper data published late Thursday showed.
U.S. municipal bond funds shed $605 million, the first outflow since November.
(Reporting by Alden Bentley; Editing by Toby Chopra)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Companies with NDRs 4/22
- Companies with NDRs 4/21