NEW YORK (AP) — Hearts raced faster as stock markets around the world stumbled in January, but that didn’t stop investors from plugging more money into mutual funds.
For a seventh straight month, investors put more cash into mutual funds than they withdrew, according to Lipper. Funds that invest in a mix of U.S. stocks attracted $10.6 billion, for example. That was despite the worst start for the Standard & Poor’s 500 index since 2010.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
