🔴 Elbit Systems is trading 4.8% down today as Democrats' win raised U.S. defense-spending concerns

Elbit Systems is trading 4.8% down at ILA 220,000 as defense shares fell on concerns about U.S. military spending after Democrats won control of Congress.

• Reuters reported declines among major defense contractors; local reporting also noted Elbit shares fell during the November 4 TASE session.
• No clear company-specific announcement explains the move; recent company news included contract awards.
• The next quarterly results are scheduled for November 17.