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IronLionZion

(45,269 posts)
Mon May 22, 2017, 10:10 AM May 2017

Defense stocks rally premarket after Trump signs $350 billion of arms deals

http://www.marketwatch.com/story/defense-stocks-rise-across-the-board-premarket-after-trump-signs-350-billion-of-arms-deals-2017-05-22

Defense and aerospace stocks extended an early rally in premarket trade Monday, after Saudi Arabia and other Gulf states signed arms deals worth $350 billion with the U.S. over the weekend. President Donald Trump and King Salman bin Abdulaziz Al Saud of Saudi Arabia signed some of the deals during Trump's visit to Riyadh on Saturday. "The package of defense equipment and services supports the long term security of Saudi Arabia and the entire Gulf region in particular in the face of malign Iranian influence and Iranian-related threats, which exists on Saudi Arabia's borders on all sides," U.S. Secretary of State Rex Tillerson told reporters, The Wall Street Journal reported. Lockheed Martin Corp. LMT, +2.44% shares jumped 3.1%, Raytheon Corp. RTN, +1.07% climbed 3.4% and Boeing Co. BA, +1.91% was up 1.9%. General Dynamics Corp. GD, +1.40% was up 1.8% and Northrop Grumman Corp. NOC, +0.93% rose 2%.


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I remember Reagan selling weapons to the middle east. How did that work out? I'm sure none of these weapons will accidentally get lost and fall into the lap of ISIS.
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Defense stocks rally premarket after Trump signs $350 billion of arms deals (Original Post) IronLionZion May 2017 OP
YA THINK heaven05 May 2017 #1
Just as Obama was opening up peaceful diplomatic relations with Iran IronLionZion May 2017 #2
 

heaven05

(18,124 posts)
1. YA THINK
Mon May 22, 2017, 10:18 AM
May 2017

guns, guns, guns.....all because humans that control nation-states can't trust each other to do the right thing. Truly a fucked up situation on this monday moaning.......

IronLionZion

(45,269 posts)
2. Just as Obama was opening up peaceful diplomatic relations with Iran
Mon May 22, 2017, 10:22 AM
May 2017

Trump comes along and douses gasoline all over the fire

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