Defense shares climbed across Europe and Asia after U.S. President Donald Trump urged NATO allies to shoot down Russian aircraft violating their airspace.

European equities showed little movement on Thursday as investors awaited insights from the Federal Reserve’s Jackson Hole symposium for indications on future monetary policy.

European stocks edged lower on Wednesday, with ASML leading the declines after a disappointing business update.

European shares edged higher on Thursday after U.S. President Donald Trump indicated progress toward securing an initial trade agreement in his ongoing global tariff dispute, lifting investor confidence.

European technology shares saw gains on Monday following the U.S. decision to grant tariff exclusions on smartphones, computers, and other electronics—many of which are imported from China.

European stock futures plunged on Thursday following U.S. President Donald Trump's announcement of additional tariffs on trading partners, escalating a global trade war that could drive up inflation and hinder economic growth, News.Az reports, citing Reuters.

European stocks were generally lower on Wednesday, with a focus on U.K. markets.

Rheinmetall, Europe's largest ammunition manufacturer, has surpassed Volkswagen, the continent’s leading carmaker, in market valuation.

European stocks saw a boost while bonds tumbled following Germany's announcement to release hundreds of billions of euros for defense and infrastructure.

Defence stocks saw a significant rise in early trading as Europe prepares to boost its military spending to ensure peace in Ukraine.