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Gun Stocks Soar On Report Trump Set To Ease Export Rules

Gun Stocks Soar On Report Trump Set To Ease Export Rules

In a week in which the MIC already scored big with Monday's sale of Orbital, today it was the NRA's turn to rejoice, when gun stocks soared on a Reuters report that the Trump administration was preparing "to make it easier for American gun makers to sell small arms, assault rifles and ammunition" to foreign buyers. The stocks of Ruger, Smith & Wesson and American Outdoor brands have all soared by as much as 18% on the news.

Defense Secretary Mattis Says US Will Act On North Korea Missiles That Pose A Threat

As President Donald Trump prepares to make his first speech to the United Nations, Secretary of Defense James Mattis was pushing the administration’s line on North Korea, saying that the US has “many military options” available for toppling North Korea’s unstable regime that wouldn’t risk millions of deaths in Seoul.

“There are many military options, in concert with our allies, that we will take to defend our allies and our own interests,” Mattis said, declining to elaborate or provide any further details.

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