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Stock Prices of Weapons Manufacturers Soaring Since Paris Attack

The Paris attacks took place on Friday night. Since then, France’s president has vowed “war” on ISIS and today significantly escalated the country’s bombing campaign in Syria (France has been bombing ISIS in Iraq since last January, and began bombing the group in Syria in September).

Already this morning, as Aaron Cantú noticed, the stocks of the leading weapons manufacturers — what is usually referred to as the “defense industry” — have soared:

France’s largest arms manufacturer, Thales, is also having an outstanding day, up almost 3 percent, even as the leading French index is down:

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