With concerns about inflation declining, investors are feeling increasingly confident about the global economy exiting the central bank interest rate hiking cycle without an economic downturn.
ETFs across various categories pulled in $35.8 billion in capital last week, pushing the year-to-date inflows to $406.3 billion.
Dow Jones hit an all-time high due to hopes of a Fed rate cut, Trump trade, steepening of the yield curve and some sound financial earnings releases.