Defense stocks fell Tuesday after President Donald Trump announced at his meeting with North Korean leader Kim Jong Un in Singapore that he would end military drills with South Korea and eventually would like to withdraw U.S. troops from the South. Raytheon led defense stocks lower, tumbling 2.8% to 206.64 on the stock market today. Lockheed shares fell 1.3% to 315.13. Northrop Grumman (NOC) was down 1.5% to 339.36. Boeing (BA) edged 0.1% lower to 370.61, still in buy range after breaking out of a cup-with-handle-base with a 365.10 buy point. General Dynamics (GD) lost 1.6%.
— source investors.com