finance
US Technology Funds Attract $14.3 Billion Inflows in Week Ending July 1
US technology funds recorded 14.3 billion dollars in inflows for the week ending July 1, the second-largest weekly total on record. The figure follows outflows the prior week and a record inflow two weeks earlier. US equity funds posted 17.2 billion dollars in outflows during the same period.
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US technology funds attracted 14.3 billion dollars in inflows in the week ending July 1, @KobeissiLetter reported. The total ranked as the second-biggest weekly inflow on record for these funds. The inflow followed 9.3 billion dollars in outflows the prior week and a record 19.2 billion dollars in inflows two weeks earlier.
The four-week average of weekly inflows reached a record 9.0 billion dollars. US technology funds are on pace to attract 152 billion dollars in inflows for 2026, which would mark an all-time high annual total. US equity funds recorded 17.2 billion dollars in outflows in the week ending July 1, the largest weekly withdrawal since March.
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