U.S. stock market exodus is second-biggest ever, BofA says

U.S. STOCK funds bled $27.6 billion in a one week span, ended Dec. 12. / BLOOMBERG NEWS
U.S. STOCK funds bled $27.6 billion in a one week span, ended Dec. 12. / BLOOMBERG NEWS
NEW YORK - Investors rushed out of United States equity funds in the second-biggest weekly exit on record, according to Bank of America Merrill Lynch, as the market sell-off pushed traders to seek safe havens. U.S. stock funds bled $27.6 billion in the days through Dec. 12, which includes last Friday’s plunge in the S&P…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -