Defense stocks tumble in US and Europe after Democratic midterm sweep raises Pentagon budget doubts
Investors fear a Democratic Congress will scrutinize or cut the administration's $1.5 trillion defense spending plan, hitting primes like Lockheed Martin and Northrop Grumman.
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- ReutersDefense firms fall as Democratic victory stokes fears of tighter Pentagon budget
- Breakingthenews.netDefense shares sink as Democrats gain control
- KELO-AMDefense firms fall as Democratic victory stokes fears of tighter Pentagon budget
- Investor's Business DailyDefense Stocks Tumble After Midterm Rebuke Of Iran War
- Barron'sDefense Stocks Hit a Post-Election Speed Bump. What Investors Need to Know.
- TradingViewLockheed Martin, RTX, Northrop Stocks Fall After Democratic Midterm Sweep Raises Questions Over Trump's Defense Spending Plan, While Ukraine Bonds Rally (Updated)
- Foreign Policy JournalDefense Sector Diverges From Broader Rally As Blue Wave Hammers Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC)
- AOL.comDefense Stocks Sank as Democrats Took Congress and the $1.5 Trillion Budget Looks Doomed
- 24/7 Wall St.Defense Stocks Sank as Democrats Took Congress and the $1.5 Trillion Budget Looks Doomed
- BigGo FinanceUS Defense Stocks Plunge as Democrats Poised for Midterm Landslide; Doubts Mount Over $1.5 Trillion Defense Budget
- WSJDefense Stocks Sell Off After Democrats’ Midterm Gains
- Yahoo FinanceBig Tech Rallies, Defense and Prison Stocks Sink: Here’s What’s Moving After the Democrats’ Sweep
- CNBCDefense stocks slide on fear Democrats will curb spending. One analyst says it's a buying opportunity
- Seeking AlphaDemocratic sweep raises new risks for defense, aerospace, AI infrastructure stocks (XAR:NYSEARCA)