December 22, 2024

Tech stocks see biggest weekly inflows in over 2 months as megacaps stage comeback

 Tech stocks see biggest weekly inflows in over 2 months as megacaps stage comeback

Tech stocks see biggest weekly inflows in over 2 months as megacaps stage comeback

U.S. technology stocks just posted their largest weekly inflows in nine weeks, with the sector seeing a comeback after its megacap-led rally lost steam by the end of May, strategists at BofA Global Research said Friday.