Energy stocks — Many companies jumped after the European Union agreed to buy $750 billion worth of U.S. energy as part of a trade deal. Shares of Venture Global climbed 6%, New Fortress Energy rose 5%, Cheniere Energy and NextDecade rallied nearly 4%, Eaton and Constellation Energy each added about 2% and EQT moved up more than 1%.
Defense stocks — Military and defense companies rose premarket Monday after President Donald Trump said that the EU would be “purchasing hundreds of billions of dollars worth of military equipment” as part of the U.S. trade deal with the European Union. Kratos Defense and Security Solutions and Lockheed Martin advanced 2.3% and 1%, respectively. RTX gained about 1%.
