US equity funds see record $119B weekly inflows

US equity funds attracted a record $119 billion in inflows for the week ending June 17, according to data. The surge was driven by technology sector funds, which saw $19.2 billion in inflows, also a record weekly intake. Year-to-date, US equity funds have drawn $330 billion in inflows, the highest on record. The inflows reflect strong investor confidence in the US market amid ongoing geopolitical tensions.