There were only minor outflows of $642 million from equity mutual funds recorded for the two business days ended Feb. 12, as estimated by

TrimTabs.com

, a firm that tracks fund inflows and outflows.

U.S. funds saw the vast majority of the outflows, spilling $637 million out of its equity funds. International funds rounded out the total with a mere $5 million outflow for the two days.

For the two days ended Feb. 12, the

Nasdaq Composite Index

fell 2.8%, the

S&P 500

dropped just 0.2%, and the

Dow

rose 0.7%.