Long-term mutual funds took in $7.11 billion in the week ended Dec. 2, marking the 38th straight week of sales, which now total $384 billion for the period, the Investment Company Institute said.

Investors took $2.27 billion out of stock funds, up from the $1.34 billion they redeemed the week before. U.S. equity funds lost $3.26 billion, while foreign funds gained $991 billion.

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