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Space stocks slide amid worries about potential peak defense spending

MarketWatch says investors are increasingly focused on the risk that defense budgets could top out if political control in Congress becomes divided.

Reported · Written up by our desk · Sectors

Space-focused stocks have been falling hard, with investors pointing to concerns that spending on defense could be approaching a peak period.

MarketWatch reports the worry is heightened by political uncertainty, particularly the possibility that control over Congress could become divided.

The outlet frames the current sentiment as a broader reassessment of how much defense-related spending may be sustained going forward, rather than a single company or program driver.

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