European defence stocks slide amid progress in Ukraine peace talks

Core Viewpoint - European defence stocks experienced a decline following the announcement of U.S. officials proposing NATO-style security guarantees for Kyiv as part of a potential peace deal with Russia, which was discussed during talks in Berlin [1] Group 1 - The decline in European defence stocks occurred on Tuesday, indicating a market reaction to geopolitical developments [1] - The U.S. proposal for security guarantees is linked to ongoing discussions about a peace deal with Russia, highlighting the strategic importance of NATO's role in European security [1] - The talks in Berlin lasted for two days, suggesting a significant diplomatic effort to address the conflict and its implications for regional stability [1]