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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Israel war boosts Lockheed Martin, Northrup Grumman, other defense stocksNorthrop Grumman, Lockheed Martin and other defense stocks rose on speculation the attack on Israel by Hamas terrorists that left thousands dead will boost demand for weapons.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Surging aerospace and defense stocks lift these ETFs as investors monitor Israel-Hamas warThe iShares U.S. Aerospace & Defense ETF is climbing Monday as Lockheed Martin soars
Source: MarketWatch - 🏆 3. / 97 Read more »
Lockheed Martin, Northrop Grumman Stocks Notch Best Days In Years Amid Israel-Hamas ConflictI'm a New Jersey-based Senior Reporter on our news desk. I graduated in 2021 from Duke University, where I majored in Economics and served as sports editor for The Chronicle, Duke's student newspaper. Send tips at dsaulforbes.com.
Source: Forbes - 🏆 394. / 53 Read more »
Stocks making the biggest moves premarket: Exxon Mobil, Lockheed Martin, Walt Disney and moreThese are the stocks posting the largest moves in early trading.
Source: CNBC - 🏆 12. / 72 Read more »