Geopolitics Alpha

🇪🇸 Spanish PM Pedro Sánchez defends rejecting a 5% of GDP defense target to protect social spending He says Spain rejected the target to keep prioritizing education, healthcare, and pensions. Spain only recently reached around 2% of GDP in defense spe

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GEOPOLITICS ALPHA🇪🇸 Spanish PM Pedro Sánchezdefends rejecting a 5% of GDPdefense target to protect social…GEOPOLITICS ALPHA

This report is about defense and pharma and health.

Directly affected

  • No company is named in this report.

Indirectly affected

  • ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “defense” (defense) in this story.

  • XAR SPDR S&P Aerospace & Defense ETF-4.4% 30d

    SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “defense” (defense) in this story.

  • XLV Health Care Select Sector SPDR

    Health Care Select Sector SPDR: it holds drugmakers and health companies. Linked by “healthcare” (pharma and health) in this story.

  • EWP iShares MSCI Spain ETF-0.9% 6d

    iShares MSCI Spain ETF holds stocks listed in Spain, which this story is about (“spain”).

  • LLY Eli Lilly and+15.5% 30d

    Eli Lilly and (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “healthcare” (pharma and health) in this story.

  • JNJ Johnson & Johnson+0.1% 30d

    Johnson & Johnson (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “healthcare” (pharma and health) in this story.

  • PFE Pfizer+4.0% 30d

    Pfizer (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “healthcare” (pharma and health) in this story.

  • MRK Merck+3.5% 30d

    Merck (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “healthcare” (pharma and health) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ITA+3.67%+2.77%baseafter closeafter closeafter closeafter close
XAR+2.91%+0.53%baseafter closeafter closeafter closeafter close
XLV-0.10%+2.63%baseafter closeafter closeafter closeafter close
EWP-1.23%+2.08%baseafter closeafter closeafter closeafter close
LLY+4.21%+4.67%baseafter closeafter closeafter closeafter close
JNJ-2.08%+0.00%baseafter closeafter closeafter closeafter close
PFE+4.51%+4.78%baseafter closeafter closeafter closeafter close
MRK+1.15%+2.46%baseafter closeafter closeafter closeafter close

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.

🇪🇸 Spanish PM Pedro Sánchez defends rejecting a 5% of GDP defense target to protect social spending He says Spain rejected the target to keep prioritizing education, healthcare, and pensions. Spain only recently reached around 2% of GDP in…

Source: X

This story

CompanyWhenMoveStatus
EWPthree days earlier+2.08%final price
EWPfive days earlier-1.23%final price
ITAthree days earlier+2.77%final price
ITAfive days earlier+3.67%final price
JNJthree days earlier0.00%final price
JNJfive days earlier-2.08%final price
LLYthree days earlier+4.67%final price
LLYfive days earlier+4.21%final price
MRKthree days earlier+2.46%final price
MRKfive days earlier+1.15%final price
PFEthree days earlier+4.78%final price
PFEfive days earlier+4.51%final price
XARthree days earlier+0.53%final price
XARfive days earlier+2.91%final price
XLVthree days earlier+2.63%final price
XLVfive days earlier-0.10%final price

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Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“🇪🇸 Spanish PM Pedro Sánchez defends rejecting a 5% of GDP defense target to protect social spending He says Spain rejected the target to keep prioritizing education, healthcare, and pensions. Spain only recently reached around 2% of GDP in defense spe” scores 12 out of 100. The score uses 1 sources.