Defense Stocks Rise As Europe Rearms 'Urgently' After Trump-Zelenskyy Clash
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European defense stocks surged Monday as EU countries committed to boost military spending while the U.S.-Ukraine relationship reels. BAE Systems rocketed in London, while U.S.-based RTX and General Dynamics rose in afternoon trading, withstanding the S&P 500 down draft. The advance followed Friday's explosive Oval Office meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskyy.