US fund outflows hit US$3.6b on fears of broader pullback in market

Investors in US-based funds pulled US$3.6 billion out of stock funds in the week ended April 16 on fears that a sell-off in technology and biotech shares could signal a steeper drop in US stocks, data from Thomson Reuters' Lipper service shows.

via Business feed http://ift.tt/1lqyp8D