WSJ Your Money Briefing What’s News in Markets: Defense Stocks Rise, Beer Beats, Pharma Deal
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Jan 10, 2026 U.S. actions in Venezuela are boosting major oil companies, sparking excitement in the sector. Meanwhile, a defense budget push is rallying weapons makers like Lockheed Martin. Constellation Brands surprises investors as lower beer sales surprisingly lead to an uptick in share price. In a bold move, Eli Lilly's acquisition of Ventix aims to target new treatment areas for inflammation and obesity. Tune in for insights on these stock movements and the latest financial news driving the markets!
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Geopolitics Moved Oil Stocks
- U.S. moves on Venezuela created tangible market ripple effects for oil majors like Chevron.
- Geopolitical actions can drive double-digit weekly gains in energy stocks.
Defense Stocks React To Budget Signals
- Calls for a much bigger defense budget lifted U.S. weapons makers like Lockheed Martin.
- Defense contractors can rally on both policy promises and production deals.
Constellation's Beer Slump And Surprise Rally
- Constellation Brands reported lower beer sales and weaker profit due to shifts in Hispanic customers and fewer physically demanding jobs.
- Shares rose because results were better than Wall Street expected despite the decline.