U.S.-based stock funds attract $7.8 billion in latest week – Lipper

FILE PHOTO: New York Stock Exchange (NYSE) building after the start of Thursday's trading session in New York
FILE PHOTO: American flags hang from the facade of the New York Stock Exchange (NYSE) building in Manhattan in New York City, New York, U.S., January 28, 2021. REUTERS/Mike Segar

February 22, 2021

(Reuters) – U.S.-based stock funds attracted $7.8 billion in the week to Wednesday, as the S&P 500 traded near a record high, according to Lipper data released on Thursday.

U.S. taxable bond funds pulled in $5.7 billion, the ninth straight weekly inflow, while money market funds drew $17.3 billion, the Lipper data showed.

(Reporting by Noel Randewich; Editing by Leslie Adler)