Defense and aerospace stocks were mixed early Friday morning with most trading slightly up after President Trump took to Twitter (TWTR) - Get Twitter, Inc. Report Friday morning to escalate the ongoing tensions between the U.S. and North Korea.
Trump's latest tweet comes after a week of back-and-froth between Washington and Pyongyang. North Korea tested another of its long-range missiles, prompting Trump to warn of "fire and fury," which he later said could have been too soft a warning. North Korea retaliated, warning it would turn the U.S. mainland into a "theater of nuclear war" if provoked.
Northrop Grumman Corp (NOC) - Get Northrop Grumman Corporation Report shares were up 0.31% to $271.40. The Virginia-based global security company's stock has traded up 17% since the start of this year.
Shares of Florida-based government and commercial defense systems provider Harris Corp (HRS) traded up 0.14% to $118.39 in morning trading Friday. Harris stock is up 15% in 2017.
Major indices opened higher Friday for the first time in three days. The Dow was up around 0.25% or 50 points, and the S&P 500 trended up about 0.20% or 5 points at Friday's open.
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