For the second reporting period in a row, equity funds saw outflows, estimates

TrimTabs.com

, a firm that tracks fund inflows and outflows. Investors pulled almost $2.4 billion out of equity funds for the three days ended Feb. 1.

U.S. equity funds saw outflows of $1.6 billion; international funds saw outflows of $765 million.

For the three business days ended Feb. 1, the

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Nasdaq

fell 2%, the

S&P 500

gained 0.7% and the

Dow

gained 0.9%.