Assets of money market mutual funds rose 0.96%, to $1.401 trillion, in the week that ended Dec. 9, the Investment Company Institute reported.

Balances of funds for retail investors grew 0.77%, to $823.66 billion. That included $677.25 billion in taxable portfolios, up $5.03 billion, and $146.41 billion in tax-exempt portfolios, up $1.24 billion.

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