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Friday May 21, 06:37
U.S. stocks funds have outflows of $200 mln

Funds investing primarily in U.S. stocks had outflows of $200 million during the week ending May 19, estimates Trim Tabs director of research Carl Wittnebert, down from outflows of $700 million the week before. International stock funds lost $300 million after taking in $100 million in new money the prior week. Bond funds suffered outflows of $2.3 billion, adding to last weeks outflows of $3.6 billion. "Bond funds are headed towards a May outflow of $11.3 billion, rivaling the $12.6 billion we saw in August 2003," Wittnebert said.

(CBSMarketWatch.com)


 

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