Tech Funds See Significant Inflows Amid Market Shifts

U.S. technology funds experienced a substantial inflow of $6 billion last week, marking the largest influx in eight weeks. According to BlockBeats, this data was reported by The Kobeissi Letter, citing BofA Research. Overall, the stock market saw an inflow of $34.6 billion, with $87.2 billion moving into cash and $23 billion into bonds. In contrast, investors withdrew $1.2 billion from the utilities sector over the past two weeks, the largest outflow since November 2024. These financial movements indicate a rapid increase in investor interest in technology stocks.