Defense, Energy Stocks Leading the Market
Israel’s attack on Iran sent Wall Street fleeing to haven assets, defense stocks, and energy stocks.
Energy, up 1.2%, was the only major S&P 500 sector rising in Friday morning trading. Financials, tech, and consumer discretionary were all down more than 1%.
Among the S&P’s top 10 stocks were Halliburton, Diamondback Energy, Lockheed Martin, Devon Energy, and Occidental Petroleum.