European Defense Stocks Fall After Mixed Earnings and U.S. Election Results
European defense shares are declining after mixed quarterly results and U.S. midterm election outcomes raised concerns about future U.S. military spending.
Shares of European defense companies are in decline after a mixed set of quarterly results and midterm election results that cast doubt on the extent of U.S. military spending going forward. Investors are concerned that Democrats' win of majorities in both chambers of Congress could jeopardize defe…