Global defense stocks advance after Trump calls for larger US military budget
By Shashwat Chauhan and Anna Pruchnicka Jan 8 (Reuters) – Global defense stocks rose on Thursday after President Donald Trump called for a substantial increase in the U.S. military budget, fueling a fresh rally amid ongoing geopolitical tensions. U.S. defense companies rebounded after falling on Wednesday following Trump’s threat to prevent U.S. contractors like RTX…