Defense Contractor Stocks Are Surging
Advertisement
The stock market is selling off today with the Dow down by over 100 points.
Advertisement
But there is one sector that is in the green: defense stocks. The US Aerospace & Defense ETF (ITA) is up 0.8 percent.
This could be explained by the escalating tensions in North Korea.
"North Korea rhetoric presents real, clear danger, threat to US, allies," said Defense Secretary Chuck Hagel earlier today.
Here's a look at how some of the other big
Advertisement
Advertisement
- Internet of Things (IoT) Applications
- 10 Ultimate road trip routes in India for 2024
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore