UPDATE 1-Investors pull cash from U.S. stock funds for 3rd week -Lipper [Reuters]
iShares MSCI Emerging Markets Asia ETF (EEMA)
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ishares.com/us/products/239637/ishares-msci-emerging-markets-etf
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Source: Reuters
Investors pull cash from U.S. stock funds for third week: LipperNEW YORK U.S. fund investors pivoted from domestic stocks to bonds and international equities during the latest week, Lipper data showed on Thursday, amid upheaval for the Trump administration and fears that Washington will not enact market-boosting policies.Investors pulled $6 billion from domestic-focused stock funds in the week ended Wednesday, a third straight week of outflows."It was basically a flat, non-eventful week, until yesterday when all hell broke loose," said Pat Keon, senior research analyst for Thomson Reuters' Lipper unit.The S&P 500 and the Dow Jones Industrial Average notched their biggest one-day fall since Sept. 9 on Wednesday as investor hopes for tax cuts and other pro-business policies faded after reports that President Donald Trump tried to interfere with a federal investigation. Stocks recovered some ground on Thursday.U.S.-based funds that buy equities abroad and taxable bond funds both avoided
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