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[U.S. stock market opens with three major indexes down, defense stocks broadly rise] At the opening of the U.S. stock market, the Dow Jones Industrial Average fell 0.3%, the S&P 500 Index fell 0.05%, and the Nasdaq Composite Index fell 0.12%. Defense stocks broadly rose, with Lockheed Martin up 6.66% and Raytheon Technologies up 2.55%. Trump plans to increase the 2027 defense budget by 50% to $1.5 trillion. The Nasdaq Golden Dragon China Index fell 0.37%.

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