Bank of America strategists led by Michael Hartnett said investors poured into technology shares, putting U.S. equity funds on pace for a record annualized $739 billion in 2026.
U.S. stock funds pulled in a record $119.2 billion in the week ended June 17 as investors crowded into technology shares, Bank of America strategists said, citing EPFR Global data. The team led by Michael Hartnett added that U.S. equity funds are on track to attract a record annualized $739 billion in 2026, underscoring the scale of recent inflows into the asset class.