Investors pulled $7.4 billion from equity funds from Thursday through Monday last week as high-stakes comments about the threat of nuclear war and "fire and fury" were exchanged between the U.S. and North Korea.

Tensions have been quelled some this week as other issues have come to the forefront, allowing stocks to pare some losses. But that's still the biggest outflow in 10 weeks, according to Bank of America/Merrill Lynch strategists. Bloomberg first reported the news. 

Corporate debt and emerging market funds also suffered. Investors pulled $2.3 billion from high-yield portfolios to reach a 22-week outflow record, and $1.7 billion from emerging market funds to mark the first week of outflow in almost six months.

With the exodus from riskier assets, bond funds gained $3.5 billion to mark the 22nd week of influx. Precious metal funds attracted $500 million of new investment.

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