U.S. Stock Funds Draw Record $119.2B Weekly Inflow

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U.S. stock funds attracted a record $119.2 billion in the week ending June 17, according to Bank of America strategists citing EPFR Global data. Investors poured into the technology sector. Bank of America strategists said U.S. stock funds are on track to attract a record $739 billion by 2026 on an annualized basis.
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