June 5 (Reuters) – U.S. equity funds attracted the largest weekly inflow in three weeks in the week to June 3 as robust earnings outlooks by some technology companies extended a bull run in AI-linked technology stocks.
According to LSEG Lipper data, investors bought U.S. equity funds of a net $7.43 billion in their largest weekly net purchase since May 13.
The S&P 500 hit a record 7,620.9 earlier this week after solid earnings from Dell and HP last week, helped lift demand for AI-linked technology stocks.
U.S. large-cap and small-cap equity funds drew a net $3.4 billion and $3.23 billion of weekly inflows, though mid-cap funds had a net $1.04 billion of outflows.
The technology sector was particularly popular as weekly inflows surged to a three week high of $6.62 billion. Investors also added industrial, and metals and mining sector funds of $545 million and $539 million, respectively.
Bond funds, meanwhile, drew $9.66 billion as net purchases extended into a seventh consecutive week.
General domestic taxable fixed income funds attracted the biggest weekly inflow since early-February 2025, to the tune of $4.7 billion. Short-to-intermediate investment-grade funds also saw a notable $3.84 billion weekly net purchase.
Investors also allocated a net $111.36 billion to money market funds in their largest weekly purchase since $119.15 billion of additions in the week to May 6.
(Reporting by Gaurav Dogra; Editing by Chizu Nomiyama )
