May 24, 2018 / 10:03 PM / a month ago

U.S. stock funds attract $3.7 bln in latest week -Lipper

NEW YORK, May 24 (Reuters) - U.S. fund investors streamed into stocks for a second straight week, betting that global equities only modestly positive for the year can dodge trade and economic-slowdown risks, according to Lipper data on Thursday.

Equity mutual funds and exchange-traded funds took in $3.7 billion during the seven-day stretch that ended May 23, while their taxable-bond counterparts attracted $3.1 billion, the research service said. (Reporting by Trevor Hunnicutt)

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