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Strategist with a knack for picking top themes says certain defense stocks have further to go

Last Updated: June 25, 2025 at 4:43 p.m. ET
First Published: June 25, 2025 at 6:48 a.m. ET

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There’s nothing like the end of a war that traders weren’t all that worried about in the first place to give a boost to what had been a range-bound stock market.

About the Author

Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.

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