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April 4, 2016

Not-so-bad quarter brings sighs of relief

By STAN CHOE
AP Business Writer

NEW YORK — Investors made very little, if anything, from most mutual funds last quarter. Phew.

A relatively flat quarter feels like a victory because investors were bracing for much worse earlier this year, when the Standard & Poor's 500 index was in the midst of its worst start of a year in history. Only a rally in the last seven weeks got stock funds back close to even.


 
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