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Investors pull record cash from U.S.-based stock funds: Lipper

Investors pull record cash from U.S.-based stock funds: LipperInvestors pull record cash from U.S.-based stock funds: Lipper

NEW YORK (Reuters) – U.S. fund investors sucked $23.9 billion out of the stock market during the most recent week, marking the largest withdrawals from those funds on record, Lipper data showed on Thursday.

The withdrawals from U.S.-based equity mutual funds and exchange-traded funds took place during the week ended Feb. 7, according to the research service. Their records date back to 1992.

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Source: Investing.com

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