War Stocks Rise Amid U.S. Tensions With Iran, Lockheed And Northrop Shares Jump

  • 📰 Forbes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

While escalating tensions in the Middle East derailed the stock market’s strong start in 2020, some sectors of the market are rising on the news

start in 2020, some sectors of the market are rising on the news even as nervous Wall Street investors sell assets amid increasing geopolitical risk ., ‘war stocks’—companies in the defense industry—have climbed: Over the last five days of trading, the SPDR S&P Aerospace & Defense ETF rose almost 4%, while the iShares U.S. Aerospace & Defense ETF was up 2.5%.

Shares of energy and oil companies have risen as well, alongside the surge in oil prices which shot up 4% on Friday, and have now hit above $70 per barrel for the first time in three months. Since the start of last week, As the U.S. awaits Iran’s promised retaliation—which could include cyberattacks against American banks and universities—cybersecurity stocks have also jumped in recent days: The ETFMG Prime Cyber Security ETF , for instance, has risen nearly 2.5% over the last five days.

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:

 /  🏆 394. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

أأن

MWsqrd It seems someone was right.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks seen higher amid cooling US-Iran tensionsEuropean stocks are set to open higher Thursday as investor sentiment improved on the back of easing U.S.-Iran tensions.
Source: CNBC - 🏆 12. / 72 Read more »

S&P 500's most volatile stocks could be worth a look – traders pick two favoritesStocks have seen massive swings in recent days, and these two market watchers are ready to double down on two of the most volatile names on Wall Street.
Source: CNBC - 🏆 12. / 72 Read more »

Asian stocks rally as Mideast tensions ease, oil retreatsAsian stocks rebounded on Thursday and oil beat a retreat, as the United States ...
Source: Reuters - 🏆 2. / 97 Read more »

Stocks jump and oil prices fall as U.S.-Iran conflict easesU.S. stocks neared record highs on hopes that the United States and Iran were backing away from the edge of war. AY PAPI CHOLO President Trump is the world’s most stable genius! Profits for Q1 would take a huge hit if most of the planet became a disintegrated pile of radioactive rubble.
Source: latimes - 🏆 11. / 82 Read more »

Stocks are up 495% in the past decade — here’s why you probably aren’tThere’s always an reason to sell, especially if you’re a regular consumer of financial news. Disaster looms around every corner, so say the clickiest... michaelbatnick and literally at every single one of those events the Fed was cutting rates, buying assets, or promising to do one or both in the future. michaelbatnick Why would a Fed injection into the repo market be a reason to sell? If you are going to put that in then why not all the other QE programs since 2009? Then it starts to make sense why there was no selling during all the other events. michaelbatnick neeel_shah
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves after hours: Bed Bath & Beyond, Chico's and Tufin SoftwareTake a look at the companies making headlines after the bell. Stock for you ChicoCrypto 😂😅🤣
Source: CNBC - 🏆 12. / 72 Read more »