European Defense Stocks Climb After Trump's NATO Remarks -- Market Talk

Dow Jones

2025/01/08

1025 GMT - Shares of European defense companies are on the rise Wednesday after Donald Trump renewed his calls for higher spending from members of NATO. Trump said in a wide-ranging press conference Tuesday that North Atlantic Treaty Organization members should spend 5% of gross domestic product on defense. Higher spending would be a boost for European arm makers that have already grown substantially since Russia's invasion of Ukraine in February 2022. Shares of Germany's Rheinmetall are up 4.7%, while the U.K.'s BAE Systems gained 1.4%. In France, Thales shares are up 3.2%. Meanwhile, Leonardo shares in Italy trade 4.3% higher. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

January 08, 2025 05:25 ET (10:25 GMT)

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Trump said in a wide-ranging press conference Tuesday that North Atlantic Treaty Organization members should spend 5% of gross domestic product on defense. Higher spending would be a boost for European arm makers that have already grown substantially since Russia's invasion of Ukraine in February 2022. Shares of Germany's Rheinmetall are up 4.7%, while the U.K.'s BAE Systems gained 1.4%. In France, Thales shares are up 3.2%. Meanwhile, Leonardo shares in Italy trade 4.3% higher. 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(mauro.orru@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 08, 2025 05:25 ET (10:25 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4187","symbol_name":"航天航空与国防","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2501741131","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501741131","pubTimestamp":1736331900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1025 GMT - Shares of European defense companies are on the rise Wednesday after Donald Trump renewed his calls for higher spending from members of NATO. Trump said in a wide-ranging press conference Tuesday that North Atlantic Treaty Organization members should spend 5% of gross domestic product on defense. Higher spending would be a boost for European arm makers that have already grown substantially since Russia's invasion of Ukraine in February 2022. Shares of Germany's Rheinmetall are up 4.7%, while the U.K.'s BAE Systems gained 1.4%. In France, Thales shares are up 3.2%. Meanwhile, Leonardo shares in Italy trade 4.3% higher. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4187":"航天航空与国防","BAESY":"BAE Systems PLC","NATO":"Themes Transatlantic Defense ETF"},"translate_title":"特朗普北约言论后欧洲防务股攀升——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BAESY":0.9,"NATO":1},"content_text":"1025 GMT - Shares of European defense companies are on the rise Wednesday after Donald Trump renewed his calls for higher spending from members of NATO. Trump said in a wide-ranging press conference Tuesday that North Atlantic Treaty Organization members should spend 5% of gross domestic product on defense. Higher spending would be a boost for European arm makers that have already grown substantially since Russia's invasion of Ukraine in February 2022. Shares of Germany's Rheinmetall are up 4.7%, while the U.K.'s BAE Systems gained 1.4%. In France, Thales shares are up 3.2%. Meanwhile, Leonardo shares in Italy trade 4.3% higher. (mauro.orru@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 08, 2025 05:25 ET (10:25 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}