Defense Stocks Rise as Trump Supports Ukraine's Territorial Gains

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Source: CNBC
Defense Stocks Rise as Trump Supports Ukraine's Territorial Gains
Photo: CNBC
TL;DR Summary

Global defense stocks rose after Trump suggested Ukraine could retake territory from Russia with EU and NATO support, marking a significant shift in his stance on the Ukraine conflict, which was positively received by European defense firms and Ukrainian officials, while Russia's Kremlin acknowledged Trump's willingness to help but disputed his characterization of Russia as a 'paper tiger.'

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