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The Stock Market Is Up, But Mutual Fund Investors Are Fleeing

Wednesday, October 26, 2016 5:38
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(Before It's News)

from the St Louis Fed

– this post authored by YiLi Chien

Each of the three major U.S. stock indexes – the Dow Jones industrial average, the S&P 500 index and the Nasdaq – have hit record highs multiple times in the past few months. This comes despite the uncertainty brought about by Brexit in June and the ongoing potential interest rate hike from the Federal Reserve.

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