U.S. stocks retreated Friday as geopolitical tensions erupted following Israel's surprise airstrike on Iranian nuclear sites, sparking a sharp rally in oil and gold.
A number of stocks jumped in the pre-market session after Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East.
Investors eyeing defense and cybersecurity stocks as Middle East tensions rise. Lockheed Martin, Raytheon, and Elbit Systems see spikes. Cybersecurity firms also on high alert.
Stay updated with the movements of the S&P500 index in the middle of the day on Friday. Discover which stocks are leading as top gainers and losers in today's session.
Lockheed Martin shares are climbing Friday amid heightened geopolitical tensions in the Middle East. Increased demand for military hardware is anticipated following recent Israeli strikes against Iran.
Curious about the market action on Friday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
Shares of Lockheed Martin, RTX, and other defense companies rose after Israel struck over 100 targets in Iran, while travel stocks fell on concerns around the rising cost of crude oil.
In response to Israel's recent strikes on Iranian nuclear sites, President Donald Trump issued a stern warning to Iran, urging them to negotiate or face dire consequences.
Shares of defense stocks Rtx Corp (NYSE: RTX), Lockheed Martin Corp (NYSE: LMT) and General Dynamics Corp (NYSE: GD) climbed 4.6%, 4.2% and 1.2%, respectively during Friday pre-market trading session amid Israel's intensifying military operations in Lebanon and Iran.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Thursday as we examine the latest happenings in today's session.
Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
Shares of security and Aerospace company Lockheed Martin (NYSE:LMT)
fell 5.1% in the afternoon session after the U.S. Air Force significantly cut its request for F-35 fighter jets. The Air Force, Lockheed's largest customer, reduced its forecasted order from 48 planes to 24. This unexpected cut raises concerns about future revenue growth from the F-35 line, and may prompt investors to reassess their expectations.
U.S. stocks ticked higher at midday Wednesday, buoyed by signs of progress in U.S.-China trade negotiations and cooler-than-expected inflation data, both of which supported risk appetite.
