Investors withdrew -$772 million from long-term mutual funds in the week ended Aug. 17, the Investment Company Institute reported. This was a 360-degree turn from the -$40 billion in redemptions the previous week—and a full $62 billion in withdrawals in four weeks prior.

Equity funds had outflows of -$1.48 billion for the week, compared to -$20.1 billion in outflows in the week ended Aug. 10. Investors withdrew -$1.13 billion from domestic equity funds and -$345 million from foreign equity funds.

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