Trump sparks a surge in defense stocks by calling for $1.5 trillion in military spending

Alex Wong/Getty Images

• Trump's calls for a $1.5 trillion military budget sent defense stocks soaring on Thursday.
• Northrup Grumman, Lockheed Martin, and Kratos Defense, were among the top gainers.
• The sector fell on Wednesday afterTrump said he wouldn't permit buybacks or dividends from defense firms.

President Donald Trump gave defense stocks a big boost on Thursday after he called for increasing the US military budget to a record amount.

In a post on Truth Social...