December 29, 2016 / 10:20 PM / 8 months ago

U.S.-based stock funds take in $11.8 bln in weekly period -Lipper

NEW YORK, Dec 29 (Reuters) - U.S.-based stock funds pulled in $11.8 billion in the week ended Dec. 28, data from Lipper showed on Thursday, ending 2016 with an enthusiasm for stocks that has been lacking for the better part of the year.

Investors pulled $775 million from taxable bond funds during the same period, marking the third straight week of withdrawals, the data showed.

Reporting by Trevor Hunnicutt; Editing by Matthew Lewis

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