NEW YORK (Reuters) – Traders retreated from the U.S. inventory market by unloading practically $11.eight billion from mutual funds and alternate traded funds that maintain home equities final week, as considerations in regards to the energy of the U.S. financial system mounted, based on knowledge launched by the Funding Firm Institute on Wednesday.

The $11.eight billion in outflows got here throughout every week by which knowledge confirmed that the U.S. manufacturing sector tumbled to a 10-year low in September, an indication that the commerce struggle between america and China was weighing on the U.S. financial system.

During the last two weeks, traders have pulled greater than $28 billion from U.S. inventory…

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