U.S.-based stock funds attract biggest inflows since Feb. - ICI

By Sam Forgione NEW YORK, April 16 (Reuters) - Investors in U.S.-based mutual funds poured $5.7 billion into stock funds in the week ended April 9 even as equity markets were hit with sharp selling that weighed on tech and biotech shares, data from the Investment Company Institute showed on Wednesday. The inflows into stock funds marked the strongest demand for the funds since mid-February, according to data from ICI, a U.S. mutual fund trade organization. This trounced inflows of $1.6