On this episode of Stock Movers:
- European defense stocks rise on Monday as JPMorgan raises its price target on a number of names in the sector and as Greenland tensions continue. A Bloomberg basket of European defense shares hits a record high, gaining as much as 1.2%. BAE Systems was up by 2.5% by 8:39 a.m. in Frankfurt
- Barclays falls as much as 4.8% after President Donald Trump said that credit-card lenders would be “in violation of the law” if they don’t heed his call to cap interest rates at 10% for one year.
- Morgan Stanley currently prefers software over IT Services, saying the latter group is unlikely to see any form of clear rally in 2026. Capgemini falls as much as 5.4%,