Geopolitics Alpha

US stocks drop toward their worst day since June as inflation worsens

Published . Updated .

US stocks drop toward their worst day since June as inflation worsens Union-Bulletin

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT———————
RTX———————
NOC———————
GD———————
ITA———————
BA———————
LHX———————
HII———————

US stocks drop toward their worst day since June as inflation worsens Star Beacon

Source: Star Beacon

Defense

SPY
XLI

How solid the defense case looks

50 out of 100

“US stocks drop toward their worst day since June as inflation worsens” scores 50 out of 100. The score uses 4 sources.