NU Online News Service, July 29, 2004, 2:19 p.m. EDT
Worries about interest rates and the U.S. economy cut the net flow of cash into U.S. stock and bond mutual funds by almost 50% in June.[@@]
The funds attracted only $16 billion in net inflow that month, down from a total net inflow of $31 billion in June 2003, according to the Financial Research Corp., Boston.