Sales of stock, bond and income mutual...

Sales of stock, bond and income mutual funds rose to $7.6 billion in October, up from $6.7 billion in September but down from $10 billion a year ago, the month of the stock market crash, the Investment Company Institute reported. However, investors continued to sell more of their shares in stock funds than they bought in October. Net sales--purchases minus redemptions--for stock funds totaled a negative $652.1 million last month, compared to a negative $616.7 million in September, the group reported.