January 4, 2018 / 11:05 PM / 9 months ago

U.S. stock funds post $8.4 bln outflows during week -Lipper

NEW YORK, Jan 4 (Reuters) - U.S. fund investors pulled $8.4 billion from stocks and funneled $3.3 billion into taxable bonds during the most recent week, responding to a strong year of market gains defensively, Lipper data showed on Thursday.

The data covers cash that moved into and out of U.S.-based mutual funds and exchange-traded funds during the seven days through Wednesday. (Reporting by Trevor Hunnicutt; Editing by Lisa Shumaker)

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