BUZZ - With the Democratic Party's sweeping victory, Pentagon spending comes into focus, leading defense stocks to fall

November 4 - ** U.S. defense stocks edged lower in pre-market trading after the Democratic Party gained control of both the Senate and the House of Representatives in the midterm elections

** A Democrat-controlled House of Representatives may increase pressure on the Pentagon's spending plans

** Lockheed Martin (LMT.N) fell 2.7%, Raytheon (RTX, RTX.N) fell 2.9%, and L3Harris Technologies (LHX.N) dropped 2.1%

** European defense stocks also declined, with the Aerospace & Defense Index .SXPARO dropping 0.9%

(To assist non-native English speakers, Reuters has automatically translated its reporting into several other languages. Automatic translations may be inaccurate or fail to convey required context, and Reuters does not guarantee the accuracy of the translation. Automatic translations are provided solely for readers’ convenience. Reuters is not responsible for any damages or losses arising from the use of the automatic translation function.)