The Dow hit a record high in the intraday period and is now up nearly 1.2%. The S&P 500 aerospace and defense sub-index hit a record high, with a recent rise of 2%.

The Dow hit a record high in the intraday period and is now up nearly 1.2%. The S&P 500 aerospace and defense sub-index hit a record high, with a recent rise of 2%.