Money is pouring into foreign stock funds

New York • Forget an American-only 401(k). Investors are flocking to foreign funds and snapping up stocks from Europe, Asia and across the developing world. The lure: Foreign stocks may finally be shaking out of their doldrums. After struggling for nearly a decade and falling well behind their U.S. counterparts, which raced to record heights, overseas stocks have been bouncing higher this year on expectations that economic and profit growth are on the upswing. The most popular category of foreig...

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