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.
Bank stocks have had a successful year with potential for more growth if economic stability is maintained. BofA predicts positive sector performance in US elections and potential regulatory changes.
Ford plans to offer driverless technology in the next two years, aiming to attract customers with lucrative subscriptions, amid US safety regulator scrutiny.
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.