Space and Defense Stocks: RTX, Lockheed, Boeing, Rocket Lab in Focus as Geopolitics and Year-End Trading Set Up Monday’s Session
China imposed sanctions late Friday on 20 U.S. defense firms and 10 individuals, including Boeing units, over arms sales to Taiwan. The move freezes assets in China and bans business with the targeted companies, though Reuters notes the impact may be mostly symbolic. U.S. markets are closed for the weekend and reopen Monday. Wall Street ended Friday near record highs in thin, post-holiday trading.