Defense Stocks Higher After U.S. Military Action in Venezuela

Shares of defense giants Lockheed Martin Corp (NYSE:LMT) and Huntington Ingalls Industries Inc (NYSE:HII) are higher this afternoon, following this weekend's U.S. attack on Venezuela and capture of leader Nicolás Maduro. Wall Street is also now betting that geopolitical conflicts will not escalate in response to the action, leaving markets unscathed.LMT is up 2.1% to trade at $507.57 at last check, and sports a 17.7% nine-month lead. The equity earlier surged to its highest level since October on a bounce o ...