On February 10, according to The Kobeissi Letter citing BofA Research data, US technology funds saw a $6 billion inflow last week, the largest inflow in eight weeks. Data shows that last week, $34.6 billion flowed into the stock market, $87.2 billion into cash, and $23 billion into bonds. Meanwhile, over the past two weeks, investors withdrew $1.2 billion from the utilities sector, the largest two-week outflow since November 2024. These fund flows indicate that investors are rapidly increasing their holdings in tech stocks.
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U.S. technology funds saw $6 billion in inflows last week, marking the largest inflow in nearly two months.
On February 10, according to The Kobeissi Letter citing BofA Research data, US technology funds saw a $6 billion inflow last week, the largest inflow in eight weeks. Data shows that last week, $34.6 billion flowed into the stock market, $87.2 billion into cash, and $23 billion into bonds. Meanwhile, over the past two weeks, investors withdrew $1.2 billion from the utilities sector, the largest two-week outflow since November 2024. These fund flows indicate that investors are rapidly increasing their holdings in tech stocks.