Shares of companies linked to the defense industry have been on a tear amid recent geopolitical turmoil, according to Yardeni Research. “Defense stocks have been soaring to record highs along with U.S.

U.S. stocks are hanging near their records after Chinese stocks soared following a slew of moves by the Chinese central bank to prop up the world’s second-largest economy

The Dow closed at a record high on Friday. Investors see more gains ahead as the Fed kicks off a new cycle of easing interest rates.