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European defense stocks soar as countries plan increased military spending due to uncertainty over US support.
European defense stocks are surging as governments plan to increase military spending amid uncertainty over US support for Ukraine and NATO.
Companies like BAE Systems, Thales, and Rheinmetall saw gains of up to 14%.
European leaders, including the UK and France, are committed to boosting defense budgets to counter Russian aggression, with the UK aiming to raise spending to 2.7% of GDP by 2027.
This move is expected to provide a long-term economic boost and enhance international collaboration.
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Las acciones de defensa europeas se disparan a medida que los países planean aumentar el gasto militar debido a la incertidumbre sobre el apoyo estadounidense.