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Reply #106: Sector Snap: Defense Stocks Rise [View All]

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citizen snips

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Thu Mar-01-07 02:56 PM
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106. Sector Snap: Defense Stocks Rise

Defense stocks slowly gained in afternoon trading on Thursday as markets staged a comeback following an early 200-point drop in the Dow industrials.

The market got a boost from the Institute for Supply Management's index of manufacturing activity, which showed stronger growth than analysts expected.

Shares of the nation's leading defense companies including Northrop Grumman Corp., General Dynamics Corp. and Boeing Co. gained slightly.

Shares of Los Angeles-based Northrop gained 47 cents to $71.92 on the New York Stock Exchange, after dropping to a low of $70.50.

more...
http://biz.yahoo.com/ap/070301/defense_sector_snap.html?.v=2

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