Tech stocks still set for record $75 billion inflow in 2025, says BofA

LONDON (Reuters) -Tech stocks remain on track for a record $75 billion ​inflow this year, BofA's weekly ‌flow show note said on Friday, highlighting demand for the ‌sector even as it comes under pressure from concerns about lofty valuations. Tech stocks have been on a surge for much of this year, and the Nasdaq ⁠has risen around 14%‌ and hit an all time high in late October. Nonetheless, tech stocks also saw a $4.4 ​billion inflow in the week to Wednesday, ‌BofA said in their weekly round up of flows in and out of world markets.