Investors funneled $14.3 billion into U.S. technology funds during the week concluding July 1st. This surge represents the second-highest weekly inflow ever recorded for the sector.
The massive influx follows a volatile period for tech investments. Just one week prior, the industry experienced $9.3 billion in capital outflows. This reversal comes shortly after the sector set an all-time record two weeks ago, when inflows reached $19.2 billion.