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European Defense Stocks Drop Amid Trump's Ukraine Peace Talks

8/20/2025

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Story summary
  • On August 19, 2025, European defense stocks declined despite overall market gains, influenced by U.S. President Trump's Ukraine peace talks.
  • The Stoxx Europe Aerospace and Defense index fell by 2.58%, with notable losses for Leonardo and Renk.
  • Trump suggested negotiations might continue amid fighting, while Zelenskyy expected U.S. security guarantees within 10 days.