Investors continue to take money out of stock mutual funds, with outflows nearly doubling in each of the past two weeks.
Stock funds saw $9.541 billion in outflows in the week ended Wednesday, Sept. 1, a 76% increase from the $4.603 billion in outflows in the week ended Aug. 25, which itself was a 59% increase from the $1.431 billion in outflows the week ended Aug. 11, the Investment Company Institute reported.
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