BlockBeats News, June 19th, a Bank of America strategist stated that the U.S. stock market attracted record inflows last week, with investors flocking to the technology sector.

The team led by Michael Hartnett cited data from EPFR Global in the report, pointing out that in the week ending June 17th, a record $119.2 billion flowed into U.S. stock funds.

They mentioned that on an annualized basis, U.S. stock funds are poised to attract a record $739 billion in 2026.