9 US Military Stocks Lose $100 Billion After Israel-Palestine Conflict
Leading US military stocks experienced a $100 billion rout in market cap after the Israel and Palestine conflict. Investors sold their positions in US military stocks fearing further escalations that could tank the global Stock Market s. In a week, the top 9 leading US military stocks saw an outflow of nearly $100 billion. While conflicts benefit the industrial military complex to earn billions from weapons and equipment sales, average investors avoid defense stocks in fear of further tensions. Also Read: US Debt Officially Climbs Above $100,000 Per American Wars and conflicts are among the leading cause of market crashes, as violence anywhere in the world affect stocks in many ways as supplies are interconnected. In this article, we will highlight the top 9 US military stocks that combinedly lost nearly $100 billion this month. 9 Leading US Military Stocks Shed $100 Billion Due To Israel-Palestine Conflict Source: AFP 2023 / JEWEL SAMAD According to recent data from Finb...