U.S. stocks are being trounced by Europe as Trump retreats from Ukraine, focuses on ‘America First’ - MarketWatch
1. European defense stocks surged post-Trump's confrontation with Ukraine's Zelensky. 2. SXPARO rose 7.7% to record high; 30.3% gain this year. 3. Europe plans to enhance defense spending amid U.S. policy shifts. 4. Potential $200 billion from frozen Russian assets for European defense. 5. Increased European defense spending expected in short to medium term.