for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

U.S stock funds shed $8.8 billion in week as equities skidded -Lipper

Oct 29 (Reuters) - The amount invested in U.S. stock funds declined $8.8 billion in the week to Wednesday, according to Lipper, as the S&P 500 fell almost 5% and investors fretted over a surge in global COVID-19 cases and the failure of U.S. politicians to reach a stimulus deal before the Nov. 3 election.

At the same time U.S. taxable bond funds attracted $1.4 billion, the fourth straight weekly inflow, while money market funds shed $6.3 billion, the fourteenth outflow in a row, Lipper data showed on Thursday. ( Reportting by Alden Bentley Editing by Chris Reese)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up