Defense companies saw their stock prices jump Friday after Israel attacked Iranian nuclear sites and military targets. Palantir Technologies rose 3% during afternoon trading as investors bought defense stocks. The missile strikes raised fears about a bigger war across the Middle East. Energy markets also moved higher on supply worries.
Israeli Prime Minister Benjamin Netanyahu said more attacks might happen as his country tries to stop Iran's nuclear program. Former President Trump told Iran to accept a nuclear deal with America before time runs out. The military action made investors nervous about regional stability and global markets.
Oil prices shot up 13% because traders worried about supply cuts from the conflict zone. Energy company stocks gained value as people watched key shipping routes. Defense stock prices may keep rising if governments spend more money on security during these tense times. Market watchers wait for official statements and any changes in peace talks.
Israeli Prime Minister Benjamin Netanyahu said more attacks might happen as his country tries to stop Iran's nuclear program. Former President Trump told Iran to accept a nuclear deal with America before time runs out. The military action made investors nervous about regional stability and global markets.
Oil prices shot up 13% because traders worried about supply cuts from the conflict zone. Energy company stocks gained value as people watched key shipping routes. Defense stock prices may keep rising if governments spend more money on security during these tense times. Market watchers wait for official statements and any changes in peace talks.