European defence stocks fall on signs of U.S. push over Ukraine war

Core Viewpoint - European aerospace and defence stocks experienced a decline of over 3% on Wednesday, influenced by indications of a renewed U.S.-led initiative to resolve the Russia-Ukraine conflict, which concurrently boosted Ukraine's government bonds [1] Group 1: Market Reaction - The decline in European aerospace and defence stocks was more than 3% [1] - The U.S.-led push to end the Russia-Ukraine war is a significant factor affecting market sentiment [1] - Ukraine's government bonds saw an increase in value as a result of the geopolitical developments [1]