As Trade Troubles Brew, Defense Stocks Hold Industrial Fort

Credit: Newsmax- Published on June 6, 2019
U.S. aerospace and defense stocks kicked off this year under a cloud of uncertainty, amid concerns around a possible peak in spending and a prolonged government shutdown, yet nearly half way through, they are raking in the biggest returns among industrial companies.
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Credit: Wochit Business
Published on June 5, 2019 -  00:39
Global Stocks Rally
According to Business Insider, World stocks jumped Wednesday after the Federal Reserve hinted that it might cut interest rates later this year. Federal Reserve Chairman Jerome Powell pledged to "act as appropriate" to maintain US economic growth in the face of a global trade war. His comments sent the Dow Jones Industrial Average, the S&P 500, and the Nasdaq up more than 2% — their biggest one-day gains in five months.

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