FYI: Investors continued the largest retreat from the U.S. stock market since at least 2013 by pulling nearly $10.9 billion from mutual funds and exchange-traded funds that hold domestic equities last week, according to data released Wednesday by the Investment Company Institute.
The withdrawals pushed the total losses from stock funds to $36.6 billion over the last 3 weeks, the first time in ICI records going back to 2013 that investors had pulled $10 billion or more from U.S. stock funds over three consecutive weeks.
Regards,
Ted
https://www.reuters.com/article/us-usa-funds-ici/fund-investors-continue-largest-pullback-from-u-s-stocks-since-13-idUSKBN1WV22X
