These defense stocks offer the best growth prospects, as the Israel-Iran conflict fuels new interest in the sector

Last Updated: June 13, 2025 at 3:17 p.m. ETFirst Published: June 13, 2025 at 10:16 a.m. ET Archer Aviation Inc., Rocket Lab Corp. and Axon Enterprise Inc. offer the highest revenue-growth rates among components of the iShares U.S. Aerospace & Defense ETF, as Israel’s attacks on Iran pushed up stock prices in the sector on Friday. The…

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Iran launches ballistic missiles at Israel: ‘Hard Retaliation Operation has begun,’ Tehran says

Iran launched ballistic missiles toward Israel late Friday local time, according to both Tehran and Israel Defense Forces. The missiles came in retaliation for Israel’s continued airstrikes against that country, which have hit more than 200 targets, according to the IDF. “The Hard Retaliation operation has begun,” Iran’s official state news agency said. “Iran has…

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Mortgage rates tick lower for second week in a row

Mortgage rates declined for the first time in weeks, though they are still hovering near 7%, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.84% from last week’s reading of 6.85%. The average rate on…

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Oil prices surge as much as 14%, U.S. stock futures fall as Israel strikes Iran

William Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C., newsrooms. Adblock test…

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