Israel war boosts Lockheed Martin, Northrup Grumman, other defense stocks

U.S. defense stocks spiked Monday after the attack on Israel by Hamas left over 1,000 dead and even more wounded. Israeli Prime Minister Benjamin Netanyahu said in a video on Saturday that Israel is "at war" and called for a massive military response. Additionally, on Sunday, Netanyahu told President Biden "We have to go in," according to Axios. Shares of Lockheed Martin, Northrop Grumman, RTX and General Dynamics all rose as investors speculate how the U.S.

Business' Eric Revell contributed to this report.

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:

FoxBusiness /  🏆 458. in US

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.

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 »

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 »