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Before the bell | Biden's budget calls for increase in defense spending

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Moomoo Breakfast US wrote a column · Mar 29, 2022 05:46
Hey, mooers! Here are things you need to know before the opening bell:

- Stock futures rose Tuesday morning, putting the major averages on track to build on the previous session’s gains, as traders awaited key economic data.

- President Biden released a $5.8 trillion budget that envisions a substantial increase in defense spending, including aid to Ukraine, a sign of the administration's willingness to devote additional resources to military programs.
Market Snapshot
Stock futures rose Tuesday morning, putting the major averages on track to build on the previous session’s gains, as traders awaited key economic data.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ rose 145 points, or 0.42%. $S&P 500 Index (.SPX.US)$ futures were up 0.4%, while $NASDAQ 100 Index (.NDX.US)$ futures climbed 0.36%.
Before the bell | Biden's budget calls for increase in defense spending
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Biden's Budget Calls for Increase in Defense Spending
President Biden released a $5.8 trillion budget that envisions a substantial increase in defense spending, including aid to Ukraine, a sign of the administration's willingness to devote additional resources to military programs.
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Key Events This Week
Before the bell | Biden's budget calls for increase in defense spending
Before the bell | Biden's budget calls for increase in defense spending
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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