1002 GMT - Investors are watching closely for signs of further escalation in Ukraine's war against Russia, AJ Bell Investment Director Russ Mould says. The Russian government said Tuesday that Ukraine fired U.S.-made long-range missiles into Russian territory after U.S. President Joe Biden gave Kyiv the greenlight to do so. For now, investors seem to have largely shrugged off concerns about Ukraine war, Mould notes. Europe's biggest arms makers trade downward on Wednesday morning, with Thales down 1.3% at 151.9 euros, Rheinmetall falling 0.9% at 599.6 euros, BAE Systems down 0.5% at 13.06 pounds, and Leonardo decreasing 0.2% at 25.16 euros. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
November 20, 2024 05:02 ET (10:02 GMT)
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