Defense and aerospace stocks were mixed early Friday morning with most trading slightly up after President Trump took to Twitter (TWTR - Get Report) Friday morning to escalate the ongoing tensions between the U.S. and North Korea.
Military solutions are now fully in place, locked and loaded, should North Korea act unwisely. Hopefully Kim Jong Un will find another path!— Donald J. Trump (@realDonaldTrump) August 11, 2017
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) 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.
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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