European markets experienced a muted⁣ start to Wednesday,with the pan-European Stoxx⁣ 600 index dipping 0.3% by 9:45 a.m. London time (4:45 a.m. ET). ⁢ The overall trend saw most sectors trading downwards, reflecting ongoing global economic uncertainty.

However, a ⁣notable exception emerged⁢ in the defense sector. A meaningful shift in rhetoric from former U.S. president Donald Trump regarding the⁢ conflict in Ukraine provided a boost to European defense stocks. Trump stated on Tuesday that, with continued support from the European ⁤Union and ‍NATO