Tech rally fuels surge US equity fund inflows

U.S. equity funds attracted the largest weekly inflow in three weeks in the week to June 3 ​as robust earnings outlooks by some technology companies ‌extended a bull run in AI-linked technology stocks.

According to LSEG Lipper data, investors bought U.S. equity funds of a net $7.43 ​billion in their largest weekly net purchase since ​May 13.

U.S. large-cap ​and small-cap equity funds drew a net $3.4 billion and $3.23 billion of weekly inflows, though mid-cap funds had a net $1.04 billion of outflows.

The ​technology sector was particularly popular as weekly inflows ​surged to a three week high of $6.62 billion. Investors also added ‌industrial, ⁠and metals and mining sector funds of $545 million and $539 million, respectively.

General domestic taxable fixed income ​funds attracted ​the biggest weekly ⁠inflow since early-February 2025, to the tune of $4.7 billion. Short-to-intermediate investment-grade funds also ​saw a notable $3.84 billion weekly net purchase.

Investors also ​allocated ⁠a net $111.36 billion to money market funds in their largest weekly purchase since $119.15 billion of additions in the week ⁠to ​May 6.

-Reuters