U.S.-based stock funds attract $7.8 bln in latest week -Lipper

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FILE PHOTO: American flags hang from the facade of the New York Stock Exchange (NYSE) building in Manhattan in New York City, New York, U.S., January 28, 2021. REUTERS/Mike Segar

(Reuters) – U.S.-based stock funds attracted $7.8 billion in the week to Wednesday, as the S&P 500 traded near a record high, according to Lipper data released on Thursday.

U.S. taxable bond funds pulled in $5.7 billion, the ninth straight weekly inflow, while money market funds drew $17.3 billion, the Lipper data showed.

Reporting by Noel Randewich; Editing by Leslie Adler