Investors Buy the Semiconductor Dip in $40 Billion Flows Week

Investors poured nearly $40 billion into U.S.-listed ETFs in the week ending July 10, pushing year-to-date inflows past $1.1 trillion, with semiconductor ETFs like SOXX ($5.3 billion) and SMH ($2.5 billion) leading gains. The S&P 500 rose about 1% but remained slightly below its June record as bond yields hit May highs amid inflation worries. Fixed income ETFs led inflows at $12.4 billion, while QQQ saw the largest outflows of $8 billion.