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Company News

U.S. stock funds shed $13.6 billion in week -Lipper

Sept 24 (Reuters) - U.S.-based stock funds shed $13.6 billion in the week to Wednesday, the largest outflow in 14 weeks, according to Lipper.

U.S. taxable bond funds attracted $1.1 billion, the twenty fourth straight weekly inflow, while money market funds saw outflows of $2.7 billion, the ninth weekly outflow in a row, Lipper data showed on Thursday. (Reporting by Alden Bentley Editing by Chris Reese)

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