Defense stocks rally as Trump, in a major shift, says Ukraine can win back territory from Russia
CNBC·2025-09-24 18:00
A Swedish Air Force Saab JAS 39 Gripen jet fighter takes off during the NATO's Ramsteign Flag 2025 exercice at Leeuwarden Air Base on April 8, 2025.Global defense stocks moved higher on Wednesday after U.S. President Donald Trump, in a major rhetorical shift, said Ukraine could retake territory currently occupied by Russia.In a post published overnight on his Truth Social platform, Trump said that Kyiv, with the support of the European Union and the NATO military coalition, "is in a position to fight and WI ...