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BlockBeats News, June 19th, a Bank of America strategist stated that the U.S. stock market attracted record inflows last week, with investors flocking to the technology sector. The team led by Michael Hartnett cited data from EPFR Global in the report, pointing out that in the week ending June 17th, a record $119.2 billion flowed into U.S. stock funds. They mentioned that on an annualized basis, U.S. stock funds are poised to attract a record $739 billion in 2026.

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Glonghui, June 19 | According to Bank of America strategists, last week investors heavily increased their positions in the technology sector, and US stock equity funds experienced record inflows. For the week ending June 17, US stock equity funds attracted an unprecedented $119.2 billion; at this current pace, net inflows into US stock equity funds for the entire year of 2026 could reach a historic high of $739 billion. As US stocks see an epic scale of fund inflows, equity financing in the technology sector has also expanded significantly, with single-week net inflows into technology stocks reaching $19.2 billion, setting a new historical record.