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Trump’s record $1.5 trillion military budget for a “world war”? Defense stocks rebound sharply, drone manufacturers surge by double digits

Trump’s record $1.5 trillion military budget for a “world war”? Defense stocks rebound sharply, drone manufacturers surge by double digits

Recent statements by U.S. President Donald Trump have triggered huge volatility in U.S. defense stocks. After Trump threatened to restrict dividends and buybacks from defense contractors, defense giants closed lower across the board on Wednesday. Following his remarks about sharply increasing defense spending, multiple defense stocks rebounded strongly
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