Equity mutual funds lost a net $16.1 billion in November. Foreign equity mutual funds lost $2.6 billion.
Stocks slid in late afternoon trading. The Dow lost 66 points Tuesday to close at 11954, after gaining as much as 126 points earlier. Stocks on the Nasdaq and S&P 500 also suffered losses.
Stocks calmed down after Monday's big declines. Stocks on the Dow gained 69 points by noon Tuesday.
Stock market falls sharply, with the Dow losing 162 points, after two big ratings agencies said the fiscal pact between European leaders would make little difference in solving the region's debt problems. Intel's lower fourth-quarter guidance dragged the stock market down further.
The Dow gained 186 points to close at 12184 Friday after a deal to forge stronger ties between most of Europe's economies sent stocks sharply higher
Euro deal would centralize oversight over European Union nations' budgets. The euro deal boosted the Dow 173 points in midday trading, but Britain is a holdout and euro agreements in the past have ultimately disappointed investors.
US stocks on the Dow dropped 198 points to close at 11997 after the head of the European Central Bank said there was no plan for purchases of European government bonds. The drop in US stocks was the worst since November.
Forex trading sees euro selling off after European Central Bank says it has no plan to buy European government bonds. Euro falls to $1.33 in forex market.
European Central Bank cuts interest rates but says it has no plan for large-scale purchases of European government bonds. Shares on Wall Street fall in early trading.
The Dow rose 46 points to close at 12196.37 as optimism about a European debt crisis summit rose and fell