The downward movement and significant intraday volatility observed in RTX Corporation shares were primarily driven by a dramatic shift in the global geopolitical landscape. The signing of a peace agreement between the United States and Iran, which effectively resolved their conflict and reopened the Strait of Hormuz, led to a substantial decline in global crude oil prices. This positive step toward peace in the Middle East significantly eased the geopolitical risk premium that had previously supported defense sector valuations. As a result, institutional investors engaged in a sector-wide rotation out of defensive and aerospace-defense equities, triggering a broad pullback in major defense contractors like RTX, despite the company’s…