Oil prices, defense stocks jump on Israel's Iran strike
Israel launched strikes on Iran overnight targeting nuclear facilities and military leaders, causing damage in Tehran but no reported radiation leaks. Morning Brief host Brad Smith breaks down the US market (^GSPC, ^IXIC, ^DJI) reaction, including rising oil (CL=F, BZ=F) prices and gains in US defense stocks such as RTX (RTX), Lockheed Martin (LMT), and Northrop Grumman (NOC). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.