Europe’s Defense Spend Pledge Boosts Stocks to Record High
European stock markets hit fresh record highs as European leaders pushed forward with plans to boost defense spending and support Ukraine. Defense stocks added $35 billion in market capitalization. France’s CAC 40 Index surpassed its May record high, while Germany’s DAX Index gained 3.4% for its biggest one-day advance since 2022.
After more than four decades of Cold War, and a growing military-industrial complex in America (with a growing number of ...
This year’s fierce rally in European defense stocks found new legs Monday after leaders on the continent met over the weekend ...
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Defense stocks in key Asian markets jumped, buoyed by expectations that European nations will boost security spending.
Bond yields jumped on Monday as investors prepared for a surge in government borrowing to fund defense following weekend ...
Gains among South Korean names were led by Hanwha Aerospace, Korea Aerospace Industries, Hyundai Rotem and LIG Nex1 ...
Trump wants to decrease military spending, but the conflict in Ukraine may still lead to contracts. European rivals are ...
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