A massive policy shift just sent an unexpected signal to income investors. Some of the biggest winners from Trump's defense budget proposal may not be who everyone thinks they are. My portfolio was bu
Northrop Grumman Corporation (NYSE: NOC - Get Free Report) CEO Kathy Warden sold 3,000 shares of the company's stock in a transaction on Tuesday, January 6th. The shares were sold at an average price
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Bank of America Merrill Ly
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. -------- More
President Donald Trump calls for increasing defense budget to $1.5 trillion for 2027, up from $1 trillion, as watchdog warns plan would add $5.8 trillion to debt over 10 years.
Stock News Silicon Valley split on CA wealth tax: Alphabet's cofounders moved assets out of California while Nvidia's Jensen Huang said he's “perfectly fineâ€
S&P 500 (^GSPC +0.01%) finished almost flat at 6,921.46, the Nasdaq Composite (^IXIC 0.44%) declined 0.44% to 23,480.02 on tech weakness, while the Dow Jones Industrial Average (DJINDEX: ^DJI) gained

Trump Wants to Spend $500 Billion More on Defense

05:10pm, Thursday, 08'th Jan 2026
Bloomberg's George Ferguson breaks down the market reaction to President Trump's calls for a $1.5 trillion dollar defense budget, as well as his threat to cut some of the most notable names in defense
Northrop Grumman lead a rally in defense stocks following President Donald Trump's call for increased government defense spending.
Defense stocks such as Lockheed and Northrup, are in the spotlight after Trump's buyback threats and $1.5 trillion budget proposal.
ETFs that target aerospace and defense stocks are beating the S&P 500 so far in 2026.
Dow Jones and S&P 500 hold record highs as defense stocks surge 5% on Trump's $1.5T military budget. Energy leads sectors up 2.5% while tech lags today.

Why defense stocks are climbing

12:19pm, Thursday, 08'th Jan 2026
CNBC's Morgan Brennan breaks down the rally in defense stocks.
Morgan Stanley (MS) analysts said defense stocks could see further upside after President Donald Trump called for a sharp increase in U.S. defense spending, eve
Last night, President Donald Trump called on Truth Social for the U.S. military budget to increase to $1.5 trillion  in 2027, citing "very troubled and dangerous times.
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