Over the past two months, the benchmark S&P 500 index is up 2.4%. During the same time, the big U.S. industrial stock – the State Street Industrial Select Sector SPDR ETF (XLI) – is up 9.5% and trading near its all-time high.
On Wednesday of this week, Tesla CEO Elon Musk announced the automaker is ending production of its Model S and X vehicles. The extra factory capacity will be used to build Optimus humanoid robots.
Trump's robotics push is moving markets. Here are three robotics stocks, TSLA, SYM, and TER, that may benefit from a new US robotics mandate aimed at reshoring.