By Reuters

(Reuters) - U.S. equity funds attracted the largest weekly inflow in three weeks in the ‌week to June 3 as robust earnings ‌outlooks by some technology companies extended a bull run in AI-linked ​technology stocks.

According to LSEG Lipper data, investors bought U.S. equity funds of a net $7.43 billion in their largest weekly net purchase since May 13.

The S&P 500 hit a ‌record 7,620.9 earlier ⁠this week after solid earnings from Dell and HP last week, helped lift demand ⁠for AI-linked technology stocks.

U.S. large-cap and small-cap equity funds drew a net $3.4 billion and $3.23 billion of weekly inflows, ​though mid-cap ​funds had a net $1.04 ​billion of outflows.

The technology ‌sector was particularly popular as weekly inflows surged to a three week high of $6.62 billion. Investors also added industrial, and metals and mining sector funds of $545 million and $539 million, respectively.

Bond funds, meanwhile, drew $9.66 billion as net ‌purchases extended into a seventh ​consecutive week.

General domestic taxable fixed ​income funds attracted the ​biggest weekly inflow since early-February 2025, ‌to the tune of $4.7 billion. ​Short-to-intermediate investment-grade funds ​also saw a notable $3.84 billion weekly net purchase.

Investors also allocated a net $111.36 billion to money market ​funds in their ‌largest weekly purchase since $119.15 billion of additions in ​the week to May 6.

(Reporting by Gaurav ​Dogra; Editing by Chizu Nomiyama )

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