Defense companies are expected to post higher fourth-quarter sales, according to analysts, bolstered by easing supply chain bottlenecks and increased defense outlays as the Pentagon and its allies.
Defense companies are expected to post higher fourth-quarter sales, according to analysts, bolstered by easing supply chain bottlenecks and increased defense outlays as the Pentagon and its allies
It’s been a quick comeback for the S&P 500 Index (SPX), which hit new record highs Thursday and sits more than 8% above its early-June low. The index rose every day so far this week, though it shows signs of flagging early Friday as tensions in the Middle East remain in the picture.
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