Funds in the US stock market have reached a historically extreme level of divergence, with the technology sector continuing to attract significant funding while all other sectors experience severe capital outflows.

BlockBeats News, June 4th. Since the S&P 500 index hit a temporary low on March 30th, the US technology sector ETF has seen a cumulative net inflow of as much as $27 billion, while all other sectors combined have experienced a net outflow of $4 billion during the same period, leading to a historic level of fund divergence. Starting from mid-April, the inflow rate into technology funds has tripled, with only the Nasdaq 100 ETF (QQQ) attracting a total of $15 billion in April and May. Meanwhile, the financial and healthcare sectors have seen the largest outflows on record, as investors are placing unprecedented bets on the technology sector.