↗️ RTX , Lockheed Martin : The two defense stocks rose more than 4% in premarket trading as investors reacted to the Israel-Hamas war. Energy stocks such as Occidental Petroleum also surged, echoing a runup in oil prices.
↘️ American Airlines , United Airlines : Both stocks fell about 2% premarket, as oil prices rose and American Airlines, United and other carriers canceled flights to Israel. ↗️ Walt Disney : Nelson Peltz’s Trian Fund Management has become one of Disney’s largest investors with a stake worth upward of $2.5 billion and is planning a fresh push for board seats. Disney stock rose 1.4% ahead of the opening bell.
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