U.S. Equity Funds Pull $1.97B as S&P 500 Hits Record 7,568 on Tech Rally

On May 29, 2026, U.S. equity funds recorded net inflows of $1.97 billion for the week to May 27, reversing the prior week’s outflows as an AI-driven technology rally lifted sentiment and propelled the S&P 500 to a fresh all-time high of 7,568. Technology sector funds led with $2.75 billion in purchases, marking their eighth consecutive week of inflows, while financials and industrials also saw notable buying. Fixed-income demand remained strong, with U.S. bond funds attracting $10.62 billion and money-market funds adding $8.38 billion, even as geopolitical uncertainty surrounding U.S.-Iran talks tempered broader risk appetite.