Defense Stocks Fall on Russia-Ukraine Peace Talks -- Market Talk

Dow Jones2025-12-29

0907 GMT - European defense stocks fall after President Trump spurred fresh optimism for an end to the war in Ukraine following talks with President Volodymyr Zelensky over a possible peace deal. Italian manufacturer Leonardo is the biggest faller in the Stoxx 600 dropping 3.9%. Rheinmetall lead the German DAX fallers--down 2.15%. Trump said both Russia and Ukraine want to make a deal after speaking with both countries' leaders Sunday, though the president acknowledged that significant hurdles remain. In the U.K., defense firms Babcock and BAE Systems drop 2.3% and 1.5%, respectively. Stockholm-listed SAAB drops 2.4%. (josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

December 29, 2025 04:07 ET (09:07 GMT)

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Italian manufacturer Leonardo is the biggest faller in the Stoxx 600 dropping 3.9%. Rheinmetall lead the German DAX fallers--down 2.15%. Trump said both Russia and Ukraine want to make a deal after speaking with both countries' leaders Sunday, though the president acknowledged that significant hurdles remain. In the U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>., defense firms Babcock and BAE Systems drop 2.3% and 1.5%, respectively. Stockholm-listed SAAB drops 2.4%. 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