(Reuters) International stocks and taxable bonds raked in cash for the 40th week in a row as investors tiptoed away from the domestic equity market, Investment Company Institute (ICI) data for U.S.-based funds showed on Wednesday. Taxable bond mutual funds and exchange-traded funds attracted $5.9 billion, and world stock funds pulled in another $2.7 billion, the trade group said. The data reflects activity in the week ended Sept 6, after North Korea’s largest ever nuclear bomb test and U.S. investors were shaken by Hurricanes Irma and Harvey. Stocks have gained in the days since as those concerns ebbed.
US Fund Investors Hesitant on Domestic Stocks
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