Global defense stocks advance after Trump calls for larger US military budget

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…

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