Wednesday, December 21, 2016

U.S. stock funds attract cash but not at the expense of bonds

By Trevor Hunnicutt

NEW YORK, Dec 21 (Reuters) - Investors feasted on stock

exchange-traded funds during the latest week while delaying

their escape from the stressed bond market, data from the

Investment Company Institute showed on Wednesday.

Some $26.9 billion flooded into U.S.-based stock ETFs during

the seven days through Dec. 14, the trade group said, the

largest figure since the funds set a weekly fundraising record

of $29.4 billion after the Nov. 8 U.S. presidential election.

Stoc

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