Stocks Pull Back, Defense Stocks Surge
Update: 2026-01-08
Description
US stocks retreated on Thursday, with the Nasdaq Composite and S&P five hundred flat or down, while the Dow Jones Industrial Average edged up slightly. Defense stocks surged in premarket trading following President Trumps announcement of a significant increase in military spending. The market remained cautious due to mixed labor market updates and geopolitical tensions, with investors awaiting Fridays key jobs report and a potential Supreme Court ruling on tariffs. Checkout Solipillow.com
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