Stocks Rally as Investors Shake Off Geopolitical Worries; Buffett Names Lag but Defense Stocks Surge
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Dow Jones rallies as investors shake off geopolitical worries amid Israel's offensive against Hamas. Energy and defense stocks pop.
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Some Warren Buffett stocks like Chevron and Occidental Petroleum test aggressive early entries but overall performance remains lackluster.
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Defense stocks like General Dynamics, L3Harris Technologies and Northrop Grumman make big moves amid geopolitical tensions.
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Leaderboard stock Cadence Design Systems tests a buy point after market returns to confirmed uptrend.
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Activist investor Nelson Peltz increases holdings in Disney, could seek multiple board seats. DIS stock pops above 50-day line.