Shares of industrial and transportation companies rose as a rotation into relatively cheap value sectors from highly priced growth sectors picked up momentum.
The MSCI All Country World Value Index, weighted towards financial, health-care and industrial stocks, is beating its growth-stocks equivalent by 11.3 percentage points over the past 12 weeks, its biggest advantage since mid-2009.
U.S. and Mexican labor groups filed a complaint against a Mexican auto-parts manufacturer, alleging that it violated the U.S.-Mexico-Canada Agreement by suppressing its workers' rights to unionize.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-10-21 1623ET
