"The investors have moved on, and they want one stock market to reflect that," he said.

Foreign investors also moved to sell their Russian treasury bills.

As a result, many investors are moving into so-called defensive stocks.

Analysts expect some investors to move to the sidelines ahead of economic news expected out later this week.

Given that many investors move quickly in and out of the funds, the estimates are no doubt off by some amount.

It also wants to let investors move between them, and the plan is considered likely for approval.

Many investors are also moving from research to trading.

In other words, investors systematically move cash into funds that have had the best performance.

Despite a drop in oil prices, investors apparently could not move past their anxiety about a possible interest rate increase later this month.

"I'm not surprised to see some investors move out, and I would expect others to buy in."