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-0.00036583426117388 -0.000357881342452716 -0.000238587561635084 0.00259265150310163 0.00169397168760926 -0.00444568156513434 -0.00367424844918094 -0.00344679497375542
Stock impact report

US defense sector falls on truce, report points to lower funding [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The administration is expected to significantly scale back its plan to seek additional war funding, with the total likely to fall between $80 billion and $100 billion, The Washington Post reported, citing U.S. officials and others familiar with the matter. The figures represent less than half of the more than $200 billion the Pentagon had initially proposed to the White House last month. Shares in major U.S. defense firms Lockheed Martin and Northrop Grumman fell 1.3% and 1% by 07:40 ET, respectively. L3Harris Technologies also edged slightly lower. President Trump announced late Tuesday that he had agreed to suspend planned attacks on Iranian infrastructure for two weeks, conditional on Iran's immediate reopening of the Strait of Hormuz. The announcement came less than two hours before Trump's self-imposed deadline, marking a sharp turnaround from his earlier threat to wipe out "a whole civilization" if Tehran did not reopen the Strait, which handles about one-fifth of globa Show less Read more
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