Airlines Lower, Energy Stocks Up, Defense Declines
On this episode of Stock Movers:
- Airlines all in the red as British Airways and Singapore Airlines canceled flights to the Persian Gulf, increasing aviation disruptions in the region
- The Stoxx 600 energy sector is the best performer on Monday, up 0.3% while the broader market is little changed by 9:07 a.m. in Frankfurt
- European defense stocks are mostly falling, though a Bloomberg index is still up almost 70% YTD
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