National

U.S. equity fund inflows surge as tech rally boosts sentiment

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 4, 2026.  REUTERS/Brendan McDermid
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 4, 2026. REUTERS/Brendan McDermid Reuters

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.

The S&P 500 hit a record 7,620.9 earlier this week after solid earnings from Dell and HP last week, helped lift demand for AI-linked technology stocks.

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.

Bond funds, meanwhile, drew $9.66 billion as net purchases extended into a seventh consecutive week.

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.

(Reporting by Gaurav Dogra; Editing by Chizu Nomiyama )

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published June 5, 2026 at 4:33 AM.

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