Europe’s Defense Spend Pledge Boosts Stocks to Record High
European stock markets hit fresh record highs as European leaders pushed forward with plans to boost defense spending and support Ukraine. Defense stocks added $35 billion in market capitalization. France’s CAC 40 Index surpassed its May record high, while Germany’s DAX Index gained 3.4% for its biggest one-day advance since 2022.
French, Italian and Spanish bond yields are also dropping by more than five basis points as investors shun riskier assets and ...
Increased European defense spending as the U.S. backs away from Ukraine could bolster the euro and the region’s stocks ...
This year’s fierce rally in European defense stocks found new legs Monday after leaders on the continent met over the weekend ...
Shares in BAE Systems, Rheinmetall and Leonardo all added to strong gains this year on Monday amid expectations of rising ...
The stocks of European defense companies soared Monday as investors anticipate massive increases in military spending by governments in the region amid its growing rift with the United States.
The European gas market is bracing for further volatility as it enters the crucial summer restocking season facing tighter ...
European defense stocks led by Rheinmetall (RNMBY) and BAE Systems (BAESF) surged on Monday after European leaders rallied to ...
European stocks increased Monday, as the Stoxx Europe 600 index SXXP +1.07% finished up 1.07% to 563.13.
Hensoldt AG (HAGHY) has surged due to Europe's shifting geopolitical landscape. Read more to see why I rate the stock a buy.
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