Mutual Fund Inflows/Outflows
Investors put $374 million into equity mutual funds during the two business days ended Feb. 26, estimates
TrimTabs.com
, a firm that tracks fund inflows and outflows. At this point, outflows for the month of February are tracking at $9.5 billion, estimates TrimTabs.
For the most recent period, U.S. equity funds saw outflows of $291 million. International funds, meanwhile, saw inflows of $665 million, estimates TrimTabs.
For the two days ended Feb. 26, the
Scroll to Continue
TheStreet Recommends
Nasdaq Composite Index
gained 2.8%, the
S&P 500
was up 1.2% and the
Dow
rose 1.1%.
