Investors funneled a record-breaking $119 billion into U.S. equity funds during the week concluding June 17th. This surge was primarily fueled by the technology sector, which attracted an unprecedented $19.2 billion in weekly capital, marking its largest intake in history.
On a year-to-date basis, total allocations to U.S. equity funds have reached $330 billion. This cumulative figure represents the highest volume of inflows recorded for the period to date.