RealNews

Arms stocks dip, but seen immune to U.S. elections

Investors are selling defense stocks for fear a Democratic victory in next week’s congressional elections could mean cuts in military spending, but experts say Pentagon outlays will keep up their spectacular growth for at least two years, no matter which party wins. In the run-up to Tuesday’s Congressional elections — in which Democrats must pick up 15 House seats and six Senate seats to reclaim control of Congress from Republicans — Pentagon suppliers’ shares have taken a small beating. Full Story

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