Investors pull nearly $10 billion from U.S. stock funds: Lipper

NEW YORK (Reuters) – U.S. fund investors pulled $9.8 billion from stocks during the latest week, Lipper data showed on Thursday, halting the investments’ budding momentum after last month’s selloff.

Taxable bond mutual funds and exchange-traded funds recorded $898 million of withdrawals during the week, the research service’s data showed.

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