Friday, March 29, 2024
HomestocksGun stocks surge on report Trump is preparing to ease rules for...

Gun stocks surge on report Trump is preparing to ease rules for overseas sales of US guns

  • Stocks of U.S. gun makers climbed Tuesday, with Sturm Ruger hitting its highest since early August.
  • Reuters reported, citing senior U.S. officials, that new White House policy could make it easier for U.S. gun makers to sell to foreigners.
  • A draft could be set to the White House budget office for review within days, one U.S. official told the news agency.

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