RSHO ETF beats S&P 500 in the last year without holding any 'Magnificent Seven' stocks. ETF invests in reshoring trend driven by supply chain insecurity and government policy.
All major U.S. equity indices opened the week with losses, as traders shifted to safe-haven bonds and gold amid concerns affecting the health of the U.S. manufacturing activity.
President Biden proposed a ceasefire deal between Israel and Hamas to end the ongoing conflict in Gaza, urging both parties to accept the terms for a better future.
Bank of America's chief investment strategist turns bullish on bonds, expects stock market sell-off. Advises to buy dip in bonds and sell first cut for stocks.