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The Zhitong Finance App learned that European defense stocks fell in response on Wednesday as the US Democratic Party swept away the election and hit investors' optimistic expectations of easing regulations and boosting economic growth through stimulus measures. The market structure of the day also highlighted policy rotation. The European Stoxx 600 index rose nearly 1%, leading the way in banking and clean energy sectors, while military stocks lagged behind clearly. Funding is being reallocated bets on the beneficiary paths and directions of the different Democratic Party policies in the context of the Democratic Party's sweeping the National Assembly.
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The Zhitong Finance App learned that European defense stocks fell in response on Wednesday as the US Democratic Party swept away the election and hit investors' optimistic expectations of easing regulations and boosting economic growth through stimulus measures. The market structure of the day also highlighted policy rotation. The European Stoxx 600 index rose nearly 1%, leading the way in banking and clean energy sectors, while military stocks lagged behind clearly. Funding is being reallocated bets on the beneficiary paths and directions of the different Democratic Party policies in the context of the Democratic Party's sweeping the National Assembly.
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