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U.S. equity funds draw weekly inflows as tech rally lifts sentiment

FILE PHOTO: A street sign for Wall Street is seen outside of the New York Stock Exchange (NYSE) in New York City, U.S., June 28, 2021. REUTERS/Andrew Kelly/File Photo
FILE PHOTO: A street sign for Wall Street is seen outside of the New York Stock Exchange (NYSE) in New York City, U.S., June 28, 2021. REUTERS/Andrew Kelly/File Photo Reuters

U.S. equity funds drew inflows in the week to May 27 as a rally in AI-linked technology stocks lifted sentiment, though concerns surrounding the U.S.-Iran peace negotiations kept purchases in check.

According to LSEG Lipper data, investors bought a net $1.97 billion of U.S. equity funds, compared with a net $12 billion of selling in the previous week.

Nvidia highlighted robust demand for its flagship AI chips last week, fueling inflows into technology sector funds.

Investors bought a net $2.75 billion of technology sector funds in an eighth successive week of buying. Financial and industrial sector funds also attracted inflows of $987 million and $880 million, respectively.

U.S. bond funds were popular for the sixth successive week, gaining a net $10.62 billion of weekly inflow during the week.

General domestic taxable fixed income funds, short-to-intermediate investment-grade funds, municipal debt funds, and short-to-intermediate government and treasury funds had noticeable inflows at $2.74 billion, $2.38 billion, $2.33 billion and $2.02 billion, respectively.

U.S. money market funds attracted inflows for a second successive week, to the tune of $8.38 billion.

(Reporting by Gaurav DograEditing by Nick Zieminski)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 29, 2026 at 9:35 AM.

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