according to Bernstein analysts, citing prior market performance amidst international military conflicts.Wall Street has pumped money into the defense sector following the largest military escalation in years out of Israel, with the iShares U.S.
In order to continue the rally, defense stocks would need a significant rise in the U.S. defense budget, the “leading driver” of the grouping’s market performance, Harned argued.in Congress and the “relatively small scale” of the Israel-Hamas conflict in its current stages, according to Harned, who cited examples of long-term strife like the Cold War and war in Iraq as long-term drivers of defense stock growth, evoking last year’s short-lived rally for the bunch after Russia invaded Ukraine.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Japan and South Korea defense stocks jump after Hamas attack, aviation stocks slideJapan and South Korea returned to trade today after a public holiday on Monday.
Bron: CNBC - 🏆 12. / 72 Lees verder »
Lockheed Martin, Other Defense Stocks Tick Higher Amid Middle East ViolenceLockheed Martin, General Dynamics and L3Harris rose further in early Tuesday trading after a jump on Monday.
Bron: MarketWatch - 🏆 3. / 97 Lees verder »
Stock market today: Oil prices and defense stocks climb after Israel declares war on HamasPresident Biden, his cabinet and bipartisan members of Congress are all vowing support for one of the U.S.' closest allies.
Bron: CBS8 - 🏆 335. / 59 Lees verder »
Oil Prices, Defense Stocks Rise as Israel-Hamas Conflict Rattles MarketsHavens like gold and global bonds jump; airline stocks slide
Bron: WSJ - 🏆 98. / 63 Lees verder »
Why defense stocks may keep moving higher following initial gains on the Israel-Hamas warDefense contractors have underperformed as a group this year, with the iShares U.S. Aerospace & Defense ETF (ITA) falling more than 6% in the past three months.
Bron: CNBC - 🏆 12. / 72 Lees verder »
Market strategist cautions that war is inflationary, says buy energy and defense stocks'The event supports one of our most high conviction investment themes – deglobalization and its likely impact on inflation,' said Strategas' Jason Trennert.
Bron: CNBC - 🏆 12. / 72 Lees verder »