Defense and cybersecurity stocks are seeing a sharp rise in values as investors take note of pledges by the EU to boost defense spending and governments warn of increased threat of cyber intrusions following Russia’s invasion ofUS stock markets seesawed again on Monday as the war in Ukraine escalated. Most of the major US markets closed lower after regaining some of their losses but defense contractors continued to gain as investors bet their businesses would benefit from the conflict.
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False. US/NATPO invasion. US/UK took the offense, not the defense. Yet another capitalist Western war.
'Defense and cybersecurity stocks climb amid Russia’s invasion of Ukraine' Knock me down with a feather, who would have thought that? 🤣