U.S. stocks recorded a record-breaking weekly fund inflow of $119.2 billion

Odaily Planet Daily News According to strategists at Bank of America, U.S. stocks attracted a record inflow of funds last week, with investors flocking to the tech sector. A team led by Michael Hartnett cited data from EPFR Global in a report, noting that during the week ending June 17, a record $119.2 billion flowed into U.S. stock funds. They stated that on an annualized basis, U.S. stock funds are on track to attract a record $739 billion by 2026. (Jin Shi)