Traders Play Defense Ahead of FOMC Meeting

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Published October 30, 2013

| FOXBusiness

Investors are playing defense – literally – ahead of this afternoon’s FOMC decision and statement. 

The four aerospace/defense stocks below are touching all-time highs today. 

They’re also up an average of 55% this year, more than double the return of the benchmark S&P 500, as market players stick with what works:

Aerospace/Defense New Highs

Ticker

Security

Last

Change

% Chg

YTD %
Chg

(LMT) Lockheed Martin
Corporation

134.80

1.14

0.85%

46.06%

(NOC) Northrop Grumman
Corporation

108.35

0.04

0.04%

60.33%

(BA) The Boeing
Company

130.35

0.69

0.53%

72.97%

(RTN) Raytheon
Company

82.46

0.59

0.72%

43.26%

Investors continue to bet on the U.S. consumer, with sneaker-giant Nike and a handful of retailers are touching all-time highs today

Apparel/Footwear New Highs

Ticker

Security

Last

Change

% Chg

YTD %
Chg

(NKE) NIKE, Inc.
Class B

76.24

0.33

0.43%

47.75%

(TJX) The TJX
Companies, Inc.

60.46

0.42

0.70%

42.43%

(LTD) L Brands, Inc.

62.35

0.39

0.63%

32.49%

(ROST) Ross Stores, Inc.

77.59

0.83

1.08%

43.45%

 

URL

http://www.foxbusiness.com/markets/2013/10/30/traders-play-defense-ahead-fomc-meeting/