According to Reuters, global stock markets saw significant capital inflows during the week ending July 2. The gains were driven by record-breaking performances in US equities and increased investor interest in artificial intelligence (AI) sectors.
LSEG Lipper data shows global equity funds attracted $43.15 billion of inflows during that period, the strongest since November 2024. However, analysts caution that the current rally remains fragile, warning that escalating trade tensions could reverse the positive momentum at any time.
Growing confidence in tech stocks, particularly AI-related shares, was fueled by Micron Technology's strong quarterly forecasts and Nvidia's record-breaking performance. US equity funds pulled in $31.6 billion worth of net investments, while European and Asian markets attracted $9.31 billion and $552 million during the same period, respectively.
Among commodity funds, gold and precious metals remained investors' top choice for the sixth straight week, with the sector posting net inflows of $564 million, Reuters reports.