exodus
n 1: a journey by a large group to escape from a hostile
environment
Investors pulled an estimated $3.7 billion from U.S.-focused
exchange-traded stock funds in the five trading days through Wednesday,
compared to additions of $2.5 billion in the previous week, data firm
TrimTabs Investment Research said late Thursday. Fuller selling on Thursday is not included in this data. Stock ETFs with a
global or international objective took in $461 million vs. $1.6 billion
in new money a week earlier.
(Information provided by TrimTabs, MarketWatch and Interactive Investor)
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