European Defense Stocks Rise on Middle East Conflict -- Market Talk

Dow Jones03-02 16:20

0819 GMT - European defense stocks rise, on the third day of U.S. and Israeli strikes on Iran and the latter's retaliation. Companies involved in missile and air-defense technology are gaining the most. BAE Systems is up 7.9%, Saab rises 6.7%, Thales gains 5.1%, Leonardo advances 4.4%, Rheinmetall goes up 3.5%, and Dassault Aviation increases 3.2%. Meanwhile, aerospace company Airbus falls 2.6%, while engine makers Rolls-Royce and Safran lose 2.4% and 2.2%, respectively. (cristina.gallardo@wsj.com)

 

(END) Dow Jones Newswires

March 02, 2026 03:20 ET (08:20 GMT)

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