A defense ETF was down about 8% since the Iran war began. Investors are waiting to see what President Donald Trump does in Iran on Tuesday.
Source: https://www.barrons.com/articles/defense-stocks-prices-iran-…
After finishing the past two years with an average annual gain of nearly 23%, the financials sector has struggled this year. With a year-to-date loss of around 9%, the cohort ranks last among the S&P 500’s 11 sectors.
Dividend stocks and defensive sectors have dramatically outperformed as investors flee AI-vulnerable and AI-spending industries, but valuations now appear stretched. Consumer staples and energy sectors trade at historically high forward P/E multiples, often exceeding the S&P 500, despite lower long-term earnings growth prospects. Materials and industrials have also become extended, with valuations reflecting significant future earnings already priced in, especially given AI infrastructure spending.
Constellation Energy is a leading producer of carbon-free electricity. The company has secured long-term power purchase agreements with major hyperscalers like Microsoft and Meta Platforms.
