The divergence of US stock market capital has reached a historical extreme, with the technology sector continuing to attract funds while other sectors are suffering severe capital outflows.

BlockBeats reports that since the S&P 500 Index reached a short-term low on March 30, the US technology sector ETFs have seen a cumulative net inflow of 27 billion US dollars, while all other sectors combined experienced a net outflow of 4 billion US dollars over the same period, marking a historically extreme level of capital divergence. Since mid-April, the inflow into technology funds has tripled, with the Nasdaq 100 ETF (QQQ) alone absorbing 15 billion US dollars in April and May. Meanwhile, the financial and healthcare sectors recorded the largest outflows, as investors are betting on the technology sector at an unprecedented pace.