Defense ETFs Shoot Up as Senate Mulls $700B Defense Bill

Aerospace and defense ETFs jumped Monday as the Senate is widely expected to pass a $700 billion defense policy bill to bolster the Pentagon’s budget, stop the closure of military bases and expand on U.S. missile defenses in light of heightened risks posed by an increasingly bellicose North Korea. On Monday, the iShares U.S. Aerospace [...]Click to read more at