(Reuters) – U.s.-based stock funds shed $7.1 billion in the week ended Wednesday, even as Wall Street’s main indexes extended a rally deeper into record territory, according to Lipper.
At the same time, U.S. taxable bond funds attracted $8.7 billion, their twentieth straight weekly inflow, Lipper data released on Thursday showed. Money market funds shed $4.6 billion during the week.
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