Defense Stocks Rise as Trump Supports Ukraine's Territorial Gains

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.'
- Defense stocks rally as Trump, in a major shift, says Ukraine can win back territory from Russia CNBC
- In a Sudden Shift, Trump Says Ukraine Can Win the War With Russia The New York Times
- Russia hits back at Trump after his abrupt swing toward Ukraine The Washington Post
- Russian Offensive Campaign Assessment, September 23, 2025 Institute for the Study of War
- Trump support for Ukraine retaking land from Russia rejected by Kremlin NBC News
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