You are here

S&P 500 slides after US$17b ETF outflows in 2015

Index this week suffers the biggest two-day fall since January, following a 5.5 per cent rally in February
Friday, March 6, 2015 - 05:50

New York

MORE than 50 record closes for the Standard & Poor's 500 Index in the last year are proving too little to keep investors interested.

They've pulled US$16.8 billion from exchange-traded funds (ETFs) tracking American equities in 2015 and sent US$16.9 billion to bonds,