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0 0 0.00164516129032255 -0.00237096774193534 0.00161290322580645 0.00217741935483875 0.00564516129032258 0.00669354838709674
Stock impact report

Analysis-US defense stocks see no Iran war lift after early surge [Yahoo! Finance Canada]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
on, indicating that the typical "buy-on-conflict" trade had largely peaked in the weeks before in anticipation of tougher action by President Donald ?Trump. The NYSE Arca Defense index, which includes 34 small and large-cap U.S. companies, fell nearly 8% in March, compared with the broader S&P ?500's 5% drop. In contrast, it had gained about 12% in February 2022, when Russia invaded Ukraine. The sluggish performance, strategists said, signaled investors were unwinding positions after a strong run this year ?and does not reflect fading demand or doubts about longer-term defense spending. "A lot of conflict premium was in their valuations," said David Bianco, Americas chief investment officer at German asset manager DWS. "We saw gold and oil and defense rally, part of the reason was messages from the administration, when Trump was sending the armada to the Middle East. Nobody knew anything, but they saw chances of a conflict." Bianco said he began reducing his "overweight" pos Show less Read more
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