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Defense giants cash in as Iran conflict escalates

Iran
New York Post Fews App News Provider
Fews App Post Time Hace 22h

Defense contractors are winning on Wall Street, as the uncertainty of a war with Iran and increased tension in the Middle East continue to fuel substantial gains in the stock market.   While oil prices surged the highest Monday, jumping more than 6% over fears of a global supply shortage, companies that build military equipment weren’t far behind — Lockheed Martin and RTX, formerly known as Raytheon, gained 3. 3% and 4.

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