Defense contractor Lockheed Martin fell after President-elect Donald Trump again tweeted that the company’s F-35 fighter jet costs too much. Trump complained earlier this month about the costs of the F-35, which brought in about 20% of Lockheed’s revenue last year. Far, investor optimism that Trumps spending plans could boost economic growth is outweighing any concerns about his trade proposals, brash style, and Twitter pronouncements, which have moved company stocks at times. Wholesale gasoline rose 2 cents to $1.63 a gallon and heating oil stood still at $2.48 a gallon.
US stock market holding steady as Dow 20000 milestone remains elusive – Los Angeles Times
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