Investors pull cash from U.S. stock funds for 3rd week -Lipper

NEW YORK, May 18 (Reuters) - Investors pulled $1.2 billion from U.S.-based stock funds during the latest week, Lipper data showed on Thursday, marking a third straight week of risk aversion.

Taxable bond funds attracted $4.4 billion in the ninth straight week of inflows for those products, the data showed.

(Reporting by Trevor Hunnicutt; Editing by Chris Reese)