Stock Trading Lowest in U.S. Since 2008 Amid Fund Withdrawals
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Trading in U.S. stocks fell to the lowest level since at least 2008 amid mutual fund withdrawals and Wall Street job cuts.
An average of 6.69 billion shares changed hands on U.S. exchanges in the 50 days ended Jan. 18, the fewest on record in Bloomberg data starting three years ago that excludes over-the-counter venues. On the New York Stock Exchange, volume has tumbled to the lowest level since 1999, the data show.