Investors pulled money from U.S.-based stock funds again during the most recent week, piling into Treasuries, gold and other safe-haven assets as global market performance continued to falter.
The stock funds posted $1.5 billion in withdrawals during the week that ended Feb. 10, Lipper data showed on Thursday, as money fled the risk assets for the sixth straight week.
Stock indexes worldwide fell further on Thursday on fears over the health of the global economy, with MSCI’s all-country world equity index closing the day more than 20 percent below its record high last May, confirming global stocks are in a bear market.
