Healey tells departments to make 1% cuts to fund defence
Published . Updated .
The reduction in public spending will go towards paying for the Defence Investment Plan.
Directly affected
- No company is named in this report.
Indirectly affected
- ITA iShares U.S. Aerospace & Defense ETF-2.9% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “defence” (defense) in this story.
- XAR SPDR S&P Aerospace & Defense ETF-6.7% 30d
SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “defence” (defense) in this story.
- PPA Invesco Aerospace & Defense ETF-1.2% 30d
Invesco Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “defence” (defense) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| ITA | -0.22% | -1.87% | base | +0.74% | +4.08% | after close | after close |
| XARNo price data for this ticker | — | — | — | — | — | — | — |
| PPANo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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The reduction in public spending will go towards paying for the Defence Investment Plan.
Source: BBC
This story
| Company | When | Move | Status |
|---|---|---|---|
| ITA | that day | +0.74% | final price |
| ITA | the next day | +4.08% | still updating |
| ITA | three days earlier | -1.87% | final price |
| ITA | five days earlier | -0.22% | final price |
How solid “Healey tells departments to make 1% cuts to fund defence” looks
12 out of 100Price not final
“Healey tells departments to make 1% cuts to fund defence” scores 12 out of 100. The score uses 1 sources. The price is not final yet.