Tech funds have seen a record weekly inflow of $8.7 billion, while US growth funds also experienced a record weekly inflow of $11.9 billion, according to BofA. China funds had the largest two-week inflow since February at $3.3 billion. Investors are pouring money into tech funds, with the 'all roads lead to Nvidia' trade gaining strength amidst European political turmoil.
BofA: Tech stocks see largest-ever weekly inflow of $8.7 billion
Largest weekly inflow ever to tech funds https://t.co/u3DgMbFPo7
Investors poured record amounts of money into tech funds over the past week, at $8.7 billion: BofA, EPFR. “The ‘all roads lead to Nvidia’ trade is once again bolstered” as Europe falters amid the political turmoil in France. https://t.co/OeDzjJfoOy https://t.co/B3KTLBhhm1
[RTRS] - TECH FUNDS SEE RECORD WEEKLY INFLOW AT $8.7 BLN - BOFA [RTRS] - US GROWTH FUNDS SEE RECORD WEEKLY INFLOW AT $11.9 BLN - BOFA
TECH FUNDS SEE RECORD WEEKLY INFLOW AT $8.7 BLN; CHINA FUNDS SEE THE LARGEST TWO-WEEK INFLOW SINCE FEBRUARY AT $3.3 BLN - BOFA.