Saturday, December 27, 2025 at 12:37 PM

Weekend News: Terrorism Fears & Putin Pessimism Crash the Party

Major U.S. News Headlines

RI Judge Blocks Trump Admin's DHS Funding Reallocation: Federal Judge Mary McElroy halted efforts to redirect Homeland Security funds from non-cooperative states on immigration, signaling judicial pushback on federal policies. Bearish for immigration enforcement stocks and DHS contractors; boosts state-level service providers.[1]
Bristol Myers Offers Free Eliquis to Medicaid Patients: Pharma giant provides its top drug free to all Medicaid insureds, expanding access amid cost pressures. Bullish for Bristol Myers Squibb ($BMY) on volume growth; neutral to bearish for generic competitors.[1]
SCOTUS Blocks National Guard Deployment to Chicago: Supreme Court rules high crime alone insufficient for Guard activation without federal request, limiting responses to urban violence. Bearish for defense and security firms expecting urban contracts; highlights policy gridlock.[1]
Florida Boosts Correctional Officer Hiring and Pay: State adds 500 officers with starting pay rising from $22 to $28/hour to address staffing shortages. Bullish for private prison operators like GEO Group in the region.[1]
Kansas City Chiefs Stadium Move to Kansas: NFL team shifts from Missouri, potentially sparking interstate economic rivalry. Neutral short-term; bullish for Kansas construction and local real estate.[1]

Australia, France, Germany Cancel New Year's Events: Nations cite inability to ensure safety from radical Islamic terrorism, labeling it "Civilization Suicide"; Australia launches new gun buyback post-antisemitic Bondi beach attack despite rising gun ownership. Bearish for global tourism and event stocks; boosts security and defense sectors like $LMT.[1]
Putin Demands Ukraine Subjugation to End War: Russian leader states conflict ends only with Ukraine's submission, dashing peace hopes. Bearish for energy markets and European stocks; bullish for oil due to prolonged supply risks.[1]

Limited midday updates available; European markets referenced in latest bulletins amid holiday-thinned trading, with no specific indices detailed in past 12 hours. Neutral overall; watch U.S. futures for reaction to terrorism news and Putin comments, potentially pressuring risk assets.[2][1]

No specific price movements reported in past 12 hours; Wegovy pill approval noted but lacks commodity tie-in. Bearish pressure on oil from geopolitical stalemate; gold could see safe-haven bids amid terrorism fears and Europe event cancellations.[1]

Overall Bearish Tilt: Terrorism-driven event cancellations in major economies signal heightened global risk aversion, weighing on consumer discretionary and travel stocks (e.g., airlines, hospitality). Putin's Ukraine stance extends energy volatility, supporting oil but hurting broader indices.[1]
Sector Winners: Pharma (Bristol Myers free drug program) and defense/security gain from policy shifts and threats; U.S. state hiring bolsters regional industrials.[1]
Premarket Watch: U.S. futures likely flat-to-down on Saturday liquidity; monitor Europe open for ripple from cancelled celebrations. Judicial blocks add uncertainty to policy-sensitive sectors like immigration tech.[1][2]