Wednesday, December 28, 2016

U.S. fund investors cheer stocks at year's end

By Trevor Hunnicutt

Dec 28 (Reuters) - Investors' enthusiasm for equities and

corporate bonds showed little sign of waning during the latest

week, with funds in both categories scooping up more money, data

from the Investment Company Institute showed on Wednesday.

Stock mutual funds and exchange-traded funds netted $1.2

billion in the week through Dec. 21, while taxable bond funds

added $1.7 billion, the trade group said. Municipal bond funds,

by contrast, posted $3.9 billion in withdra

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