Inflows into U.S. Equity Funds Jump as Tech Earnings Support AI-Linked Rally
U.S. equity funds recorded their largest weekly net inflow in three weeks as optimism around technology earnings helped extend gains in AI-linked stocks. According to LSEG Lipper data for the week to June 3, investors made a net purchase of $7.43 billion of U.S. equity funds, while bond funds and money market funds also saw sizable inflows.