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U.S. stocks open lower, Dow Jones down 0.3%, defense stocks mostly rise
ChainCatcher News, according to Jinshi reports, the US stock market opened with the Dow Jones Industrial Average down 0.3%, the S&P 500 down 0.05%, and the Nasdaq Composite down 0.12%. Defense stocks generally rose, with Lockheed Martin (LMT.N) up 6.66% and Raytheon Technologies (RTX.N) up 2.55%. Trump plans to increase the 2027 defense budget by 50% to $1.5 trillion. The Nasdaq China Golden Dragon Index fell 0.37%.