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Investors Poured Loads of Cash Into U.S. ETFs After Trump's Victory

Investors poured record amounts of money into stocks after the election.
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Investors poured record amounts of money into stocks after the election. Reuters says the most money ever was showered into U.S. based stock exchange traded funds, or ETFs, during the latest week, that's according to Lipper data. Financial sector funds took in $6.7 billion, a high water mark for the fund's sales. Healthcare funds took in $2.7 billion, the most on record. Gap (GPS) - Get Gap, Inc. Report  shares are falling after it saw its 7th straight quarter of falling sales and it will close more stores than previously thought. The retailer reported an 18% drop in quarterly profit. The Tesla (TSLA) - Get Tesla Inc Report  and SolarCity (SCTY)  merger got approval from both companies' shareholders. Tesla will pay $2.6 billion to buy the company. Both are owned by Elon Musk.

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