Lockheed Martin, Other Defense Stocks Tick Higher Amid Middle East Violence

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Lockheed Martin, General Dynamics and L3Harris rose further in early Tuesday trading after a jump on Monday.

After pushing shares sharply higher on Monday, the stocks rose further in premarket trading. Lockheed Martin was up 1% after gaining 9% Monday. Northrop Grumman was up 1.5%, General Dynamics gained 0.6%, and L3Harris Technologies added 0.2%.

Hamas terrorists attacked Israel by air, land and sea on Saturday. Israel declared war and launched retaliatory strikes. The question for defense stocks now is what happens next in terms of the conflict escalating.

 

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