Investors pulled out $7 billion from S&P500 ETF in the week ended April 5 - Reuters

As per Reuters report, Investors pulled out most money from US-based equity funds since December as they feared the unwinding of Trump trade could gather pace.

The report says, “Nearly $12 billion have been drained of the stock funds in the seven days through April 5, including $7 billion from the SPDR S&P 500 ETF.

Meanwhile, US-based funds invested in stocks abroad took in $11 billion during the week ended April 5.

It is evident that the seeds of doubt have been sown into the minds of the investors about Trump’s ability to deliver tax reforms and infrastructure overhaul plan.