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Aerospace And Defense ETFs Soar Amid Rising North Korea Tensions

Defense stocks have been rising with escalation of tensions between the US and North Korea, while the broader stock rally has stalled. Raytheon (RTN - Free Report), Lockheed Martin (LMT - Free Report) and Northrop Grumman (NOC - Free Report) hit record highs after President warned North Korea against making any more threats to the US.

Trump said North Korea faces ‘fire and fury like the world has never seen before” and the rogue nation responded by threatening to launch a missile strike on Guam.

The sentiment for Aerospace & Defense stocks improves with rising...