February 8, 2018 / 10:20 PM / 8 months ago

Investors pull record cash from U.S.-based stock funds -Lipper

NEW YORK, Feb 8 (Reuters) - U.S. fund investors sucked $23.9 billion out of the stock market during the most recent week, marking the largest withdrawals from those funds on record, Lipper data showed on Thursday.

The withdrawals from U.S.-based equity mutual funds and exchange-traded funds took place during the week ended Feb. 7, according to the research service. Their records date back to 1992. (Reporting by Trevor Hunnicutt; Editing by Tom Brown)

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