Market Reactions – Defence & Banks?

As we start a new week, two sectors proved to be in reasonably strong positive territory today:

Defence Stocks

Maybe unsurprisingly as the markets continue to assess what a new Trump Presidency means, defence stocks are seeing a boost! This is an area that I will be reviewing again, is the likely increase in spending of on European defence fully priced into these companies?

Banks

At this moment, I do not know why Banks saw an upward movement today. But it is interesting that they moved sharply upwards.