Investors continue to retreat from U.S. stock mutual funds, according to the latest statistics from the Investment Company Institute. For the week ended April 11, investors withdrew an estimated $1.53 billion from mutual funds that invest long-term in U.S. stocks.
Despite the $1.53 billion outflow from U.S. funds, there is a glimmer of hope on the horizon. The outflow was the smallest since early March, and much smaller than last week’s 2012 chart-topper $4.50 billion outflow.
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