** U.S. defense co shares were lower in early trading Tues, bucking the broader trend in the U.S. market, following declines in European arms makers
** European arms makers fell, with traders citing a Bloomberg News report, citing people familiar with the matter, that said some of Ukraine's allies are starting to talk about how a negotiated end to the conflict could take shape
** Shares of Northrup Gruman were down 1%, while shares of Lockheed Martin were down 1.3% and General Dynamics was down 1.4%
** The S&P 500 aerospace and defense index was down 0.8%, while the benchmark S&P 500 was up 0.4%
(Reporting by Caroline Valetkevitch)
((caroline.valetkevitch@thomsonreuters.com))
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