U.S.-based stock funds grab $2 bln in week ended Sept. 2 ? ICI
By Sam Forgione NEW YORK, Sept 9 (Reuters) - Investors in U.S.-based mutual funds committed $2 billion to stock funds in the week ended Sept. 2 on reduced concerns over China, while bond funds posted outflows on fears over the timing of the first Federal Reserve rate hike, data from the Investment Company Institute (ICI) showed on Wednesday. The inflows into stock funds came after investors pulled $11 billion from the funds over the prior week, which marked the biggest weekly outflows