Silver inches toward central bank reserve status as its historic rally cracks

Directly affected

• No company is named in this report.

Indirectly affected

• LMT Lockheed Martin+4.2%

  Defense contractors get more work when conflict spending rises

• RTX RTX

  Defense contractors get more work when conflict spending rises

• NOC Northrop Grumman+2.8%

  Defense contractors get more work when conflict spending rises

• XLE Energy Select Sector SPDR+4.9%

  Energy prices move when Russian supply is at risk

• GD General Dynamics-3.4%

  Defense contractors get more work when conflict spending rises

• ITA iShares U.S. Aerospace & Defense-5.8%

  A fund of aerospace and defense companies

• USO United States Oil Fund+0.9%

  This fund moves with oil prices

• WEAT Teucrium Wheat-4.3%

  Wheat prices rise when Black Sea grain is disrupted

• MOS Mosaic-29.4%

  Fertilizer makers move with Russian supply

• CF CF Industries-13.9%

  Fertilizer makers move with Russian supply

Price reaction, T-5 to T+3