U.S. military spending surges, adding $28 billion to defense tycoons' wealth

华尔街见闻2026/03/20 17:09

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2026, the Bloomberg Global Defense Companies Index rose by 18%, while the S&P 500 Index fell by 3.2% during the same period. Conflicts with Iran and increased global military spending fueled the boom in defense stocks, and this year, companies manufacturing missiles, drones, and electronic warfare systems saw their share prices surge significantly.

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Indian regulators announced on Thursday that they will allow the country’s $463 billion portfolio management industry to invest in overseas securities for the first time and to conduct short-selling in stock options. This move opens up new channels for India’s wealthy class to access global markets and holds significance for AI-related assets, which have attracted strong investor interest. Additionally, India will launch new portfolio management products with lower investment thresholds.

华尔街见闻•2026/09/24 21:16