{"slug": "us-stocks-post-first-outflow-since-march-as-tech-trade-falters", "title": "US Stocks Post First Outflow Since March as Tech Trade Falters", "summary": "US equity funds saw $8.5 billion in outflows in the week through June 24, the first withdrawal in three months, led by a record $9.3 billion exit from technology funds as the artificial-intelligence trade cools. Investors shifted $16.6 billion into fixed income funds, while European funds posted their 11th straight week of outflows.", "body_md": "(Bloomberg) -- Investors pulled money from US equities for the first time in three months, with record withdrawals from tech funds signaling that the artificial-intelligence trade is cooling.\n\nMost Read from Bloomberg\n\nUS equity funds shed $8.5 billion in the week through June 24, Bank of America Corp. said in a report, citing EPFR Global data. Technology funds led the retreat, with a record $9.3 billion in outflows.\n\nThe trend marks a reversal from the previous week, when tech funds had drawn an unprecedented $19.2 billion, the BofA team led by Michael Hartnett wrote in a note.\n\nRead: AI Cost Reality Check Hits Asia Tech Stocks as Apple Hikes Price\n\nWall Street has been rattled by a selloff in big technology shares, including a sharp slide in Apple Inc. While memory chipmaker Micron Technology Inc. soothed fears of a tech slowdown with a blowout sales forecast, the S&P 500 index has retreated from record highs hit earlier this month. Equity futures are pointing to another weak open for Wall Street on Friday.\n\nEquity funds overall saw outflows, with $5 billion in withdrawals, BofA said, while money market funds shed $25.5 billion. European funds continued to lose popularity, registering their 11th straight week of outflows.\n\nInvestors shifted instead into fixed income funds which absorbed $16.6 billion, according to the report.\n\nMost Read from Bloomberg Businessweek\n\n-\n[Canada's Lobster Capital Is Trying to Become an Oil and Gas Giant Too](https://www.bloomberg.com/news/articles/2026-06-24/oil-and-gas-production-are-nova-scotia-s-answers-to-weaning-itself-off-us-energy?utm_campaign=bw&utm_medium=distro&utm_source=yahooUS) -\n[How Pokémon Cards Became Scarce, Valuable and Surprisingly Dangerous](https://www.bloomberg.com/news/features/2026-06-23/rare-pokemon-cards-fetch-millions-three-decades-after-debut?utm_campaign=bw&utm_medium=distro&utm_source=yahooUS) -\n[A Landmark Trial Has Oil Bosses Accused of Complicity in War Crimes](https://www.bloomberg.com/news/features/2026-06-25/lundin-oil-executives-on-trial-for-alleged-complicity-in-sudan-war-crimes?utm_campaign=bw&utm_medium=distro&utm_source=yahooUS)\n\n©2026 Bloomberg L.P.", "url": "https://wpnews.pro/news/us-stocks-post-first-outflow-since-march-as-tech-trade-falters", "canonical_source": "https://ca.finance.yahoo.com/news/us-stocks-post-first-outflow-083444208.html", "published_at": "2026-06-26 08:34:44+00:00", "updated_at": "2026-06-26 11:37:02.084463+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-products", "ai-infrastructure"], "entities": ["Bank of America Corp.", "EPFR Global", "Michael Hartnett", "Apple Inc.", "Micron Technology Inc.", "S&P 500"], "alternates": {"html": "https://wpnews.pro/news/us-stocks-post-first-outflow-since-march-as-tech-trade-falters", "markdown": "https://wpnews.pro/news/us-stocks-post-first-outflow-since-march-as-tech-trade-falters.md", "text": "https://wpnews.pro/news/us-stocks-post-first-outflow-since-march-as-tech-trade-falters.txt", "jsonld": "https://wpnews.pro/news/us-stocks-post-first-outflow-since-march-as-tech-trade-falters.jsonld"}}