US STOCKS-Wall St extends gains as defense, tech stocks rise
Wall Street extended gains in early afternoon trading on Monday, boosted by technology shares and as defense companies rose after the United States and Saudi Arabia signed a multi-billion dollar arms deal. President Donald Trump visited Saudi Arabia over the weekend and sealed $110 billion in deals through which Riyadh will buy U.S. arms to help it counter Iran, with options running as high as $350 billion over 10 years. Shares of defense firms General Dynamics, Raytheon , and Lockheed Martin all hit record highs before easing to trade up between 0.6 percent and 1.6 percent.
Source:: https://finance.yahoo.com/news/us-stocks-wall-st-extends-165521144.html
