Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDefense 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-2017-05-22Defense 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%.
---------------------------------------------------------------------------------------------------------------------
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.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
2 replies, 3735 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (0)
ReplyReply to this post
2 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Defense stocks rally premarket after Trump signs $350 billion of arms deals (Original Post)
IronLionZion
May 2017
OP
heaven05
(18,124 posts)1. YA THINK
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
Trump comes along and douses gasoline all over the fire