Trump Secures Defense Production Surge as Iran Conflict Escalates; Markets Slide

Key TakeawaysMajor U.S. defense contractors have agreed to quadruple the production of "exquisite class" weaponry following a high-stakes White House meeting with President Trump.U.S. Central Command (CENTCOM) confirmed the destruction or damage of 43 Iranian ships as "Operation Epic Fury" intensifies across the Persian Gulf.Wall Street indices closed sharply lower, led by a 1.52% drop in the Nasdaq, as geopolitical instability and energy concerns rattled investors.Fed Governor Michelle Bowman maintained he ...