U.S.-based stock funds post $3.3 bln outflows in latest week - ICI

By Sam Forgione NEW YORK, Dec 17 (Reuters) - Investors in U.S.-based mutual funds pulled $3.3 billion out of stock funds in the week ended Dec. 10 after a slump in oil prices raised concerns about the U.S. stock market, data from the Investment Company Institute showed on Wednesday. The outflows were the biggest in eight weeks and marked the fourth straight week of withdrawals, according to the data from ICI, a U.S. mutual fund trade organization. Bond funds also posted $3.3 billion in
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