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STO:SAAB 25 September 2025

European Markets Whiplash: Defense Stocks Soar as Luxury Lags in 48-Hour Rollercoaster

European Markets Whiplash: Defense Stocks Soar as Luxury Lags in 48-Hour Rollercoaster

European defense stocks surged up to 5% after Donald Trump backed Ukraine’s push to retake Russian-held territory, sending sector indices near record highs. Commodity shares climbed as copper hit a 15-month peak and oil rallied, while luxury and bank stocks fell, dragging France’s CAC 40 and major lenders lower. The pan-European STOXX 600 slipped 0.2% on Sept. 24 and continued to drift down.

Stock Market Today

  • American Airlines Shares Rally on Lower Jet Fuel Prices Ahead of Q2 Data
    June 28, 2026, 10:14 AM EDT. American Airlines (NASDAQ:AAL) shares surged 11.8% last week, closing near a 52-week high at $17.87, amid falling U.S. jet fuel prices, which dipped to $2.80 per gallon compared to the airline's $4.00 planning price for Q2. Heavy trading volume of 163 million shares accompanied the gains, outperforming the U.S. Global Jets ETF sector fund. Analysts mixed; Citi raised its price target to $22, citing strong Q2 guidance and fuel cost improvements. Investors watch the impact of fuel price swings on earnings as American forecasts a 13.5%-16.5% Q2 revenue increase, despite a first-quarter adjusted loss and significant debt load. The market awaits July data to confirm if lower fuel costs will boost profitability.

Latest articles

Hecla Mining (NYSE:HL) heads into Monday after heavy volume and silver move

Hecla Mining (NYSE:HL) heads into Monday after heavy volume and silver move

28 June 2026
Hecla Mining surged 2.57% Friday on record volume driven by Russell index rebalancing, but still ended the week down 2.8% as silver prices at $58.78 per ounce remain 29% below Hecla’s Q1 realized price, raising concerns over margin repeatability as the stock faces its first session without index-flow noise on Monday.
Heat wave turns trash routes into cost test for Republic Services (NYSE:RSG)

Heat wave turns trash routes into cost test for Republic Services (NYSE:RSG)

28 June 2026
Republic Services (NYSE:RSG) and Rumpke are shifting trash collection to earlier hours in Ohio and Indiana next week to avoid dangerous heat, as route timing is critical for controlling labor costs and maintaining margins; Republic last traded at $216.39, WM at $225.53, with no regular U.S. equity session underway at press time.
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