Investing.com - Defense stocks had a positive showing during Tuesday’s session, reacting to North Korea’s latest missile launch over Japan, and U.S. President Donald Trump’s statement that "all options" are on the table for dealing with North Korea.
Shares of defense related stocks including Lockheed Martin Corporation (NYSE:LMT), Raytheon Company (NYSE:RTN), United Technologies Corporation (NYSE:UTX), Boeing Co (NYSE:BA), and Northrop Grumman Corporation (NYSE:NOC) turned higher earlier in the session, and they held onto their gains to close higher. This came as the rest of the markets had a knee-jerk reaction to North Korea's latest aggressive maneuver, but then fears settled and the major U.S. stock indices closed the session higher.
Donald Trump and Japan’s Prime Minister Shinzo Abe both said that an emergency U.N. Security Council meeting to discuss increasing the pressure on North Korea is necessary.