(by Dr.Goldfinger)

Investors pulled money from U.S. stock and junk mutual funds for the second consecutive week, according to AMG Data Services. For the week ended Aug. 4, stock funds had net outflows of $120 million, outflows from junk bond funds slowed to $29 million.

Junk bond funds have suffered more than $8 billion in outflows this year. After a strong rally last year, junk bonds fell out of favor as investors worried that returns would fade when interest rates began rising.