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2023-10-10

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Oil, Gold and Defense Stocks Jump on Israel-Hamas War

Oil, gold and defense stocks jumped on Israel-Hamas war.Oil stocks - Exxon Mobil rose 3.2%, Chevron gained 2.4%, ConocoPhillips rose 3.9%, and U.S.-listed shares of Shell were up 2% after the jump in oil prices. Futures for West Texas Intermediate crude, the U.S. benchmark, were rising 3.6% to $85.75 a barrel. Traders were watching how the conflict affects oil production in the Middle East.Defense companies - Lockheed Martin rose 8.1% and shares of other defense companies such as RTX Corp., up 4

Oil, Gold and Defense Stocks Jump on Israel-Hamas War

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Traders were watching how the conflict affects oil production in the Middle East. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5640c77b56728d24861e54f03db68607\" tg-width=\"391\" tg-height=\"725\"/></p><p>Defense companies - Lockheed Martin rose 8.1% and shares of other defense companies such as RTX Corp., up 4%, and Northrop Grumman, up 8.8%, also traded higher following Israel’s war with Hamas. Separately, Lockheed‘s board on Friday approved the expansion of Lockheed’s stock repurchase program by $6 billion, and the company raised its quarterly dividend to $3.15 a share from $3.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/15d10060924b1827f213e7d0699be187\" tg-width=\"393\" tg-height=\"470\"/></p><p>Gold stocks - Gold stocks gained in morning trading as attack on Israel bolsters metal’s haven status. 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Harmony Gold Mining (HMY) and Anglogold Ashanti (AU) rose 5%; Gold Fields (GFI) rose 4%; Kinross rose 3%; Barrick Gold and Agnico Eagle Mines rose 2%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/124a5985f973664679760d40896ed813\" tg-width=\"398\" tg-height=\"723\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SLB":"斯伦贝谢","AU":"AngloGold Ashanti Ltd ADS","HMY":"哈莫尼黄金","SHEL":"SHELL PLC SPON ADS EACH REPR 2 ORD SHS","GOLD":"巴里克黄金","CDE":"科尔黛伦矿业","NOC":"诺斯罗普格鲁曼","RTX":"雷神技术公司","COP":"康菲石油","AEM":"伊格尔矿业","XOM":"埃克森美孚","OXY":"西方石油","LMT":"洛克希德马丁","CVX":"雪佛龙","BP":"英国石油","GD":"通用动力","HII":"亨廷顿英格尔斯工业","KGC":"金罗斯黄金"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175927587","content_text":"Oil, gold and defense stocks jumped on Israel-Hamas war.Oil stocks - Exxon Mobil rose 3.2%, Chevron gained 2.4%, ConocoPhillips rose 3.9%, and U.S.-listed shares of Shell were up 2% after the jump in oil prices. 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