The Buzz
-
Investors keep fleeing the market
Investors continue to diss stocks, as they grapple with worries about Europe's debt problems and signs of a slowing global economy.
U.S. stock mutual funds lost $620 million during the week ended June 13, according to the Investment Company Institute. Tallying it up, that means investors have yanked money out the stock market for 16 of the last 17 weeks.
Interestingly, investors added money to U.S. stocks during the final week of May MORE
Catherine Tymkiw - Jun 21, 2012 3:18 PM ET -
Exodus resumes: Investors yank $3 billion out of stock mutual funds
Investors went back to bailing out of the stock market during the first week of June, as worries about sluggish U.S. job growth and ongoing debt problems in Europe kept investors on edge.
U.S. stock mutual funds lost $3.1 billion in the week ended June 6, according to the Investment Company Institute. That marks the 15th out of 16 weeks that investors have yanked money out. In an unexpected twist, investors MORE
Hibah Yousuf - Jun 13, 2012 3:52 PM ET
- Abercrombie isn't cool. Stock tanks.(1:14)
- Don't sweat Japan's stock plunge(1:07)
- Diamonds are forever: Zale soars(0:51)
- Herbalife soars. Get Bill Ackman a vitamin?(1:01)
- Will Tumblr make Yahoo cool again?(1:16)
- No life of luxury: Nordstrom stock falls(0:52)
- Kohl's is the anti Wal-Mart(1:03)
- Nothing runs like a Deere (investor)(1:16)
