KM Financial Solutions | Fund investors retreat from U.S. stocks as coronavirus fears weigh
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Fund investors retreat from U.S. stocks as coronavirus fears weigh

Fund investors retreat from U.S. stocks as coronavirus fears weigh

Investors pulled nearly $3.3
billion out of mutual funds and exchange-traded funds that hold
U.S. stocks last week, snapping the longest streak of asset
gains since July, according to data released Wednesday by the
Investment Company Institute.
The pullback from the U.S. equity market came during a week
in which companies such as Apple Inc said the coronavirus
outbreak, now known as covid-19, will likely affect its
quarterly results and

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