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…
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