Diesel squeeze expected to continue into 2027 despite Trump’s deal with Russia – business live
Published . Updated .
Rolling coverage of the latest economic and financial news, including the IMF meeting in Thailand and the IEA’s new oil market report Global financial system is failing developing countries, says Ed Miliband UK government borrowing costs are dropping this morning, which will please John Healey and the IMF alike! The yield, or interest rate, on UK 10-year bonds is down 3.5 basis points to 5.4%, while thirty-year bond yields are 3bps lower at 5.89%. Chancellor John Healey is expected to pay for all new giveaways in this month’s Budget — including a cost-of-living package — with higher taxes or spending cuts rather than more borrowing. People briefed on UK Budget preparations told the FT that the October 28 fiscal package would be “scorecard positive” in 2029-30, the final year of the parliament, meaning that all extra discretionary spending was fully funded. China’s exports, imports, and trade surplus all comfortably beat expectations in September as the trade boom continued. Key trade ties look set to remain stable through year-end, which should keep this year’s key growth engine humming. Continue reading...
Directly affected
- PPLI People
Named in this report.
Indirectly affected
- LMT Lockheed Martin+14.2%
Defense contractors get more work when conflict spending rises
- RTX RTX-2.2%
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman+5.1%
Defense contractors get more work when conflict spending rises
- XLE Energy Select Sector SPDR+7.4%
Energy prices move when Russian supply is at risk
- GD General Dynamics-2.1%
Defense contractors get more work when conflict spending rises
- ITA iShares U.S. Aerospace & Defense-6.7%
A fund of aerospace and defense companies
- JPM JPMorgan Chase-5.3%
Bank profits move with lending and interest rates
- BAC Bank of America-15.0%
Bank profits move with lending and interest rates
- TLT iShares 20+ Year Treasury Bond-1.8%
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| PPLI | -0.64% | +0.10% | base | -0.73% | -1.62% | -5.07% | -5.85% |
| LMT | -0.92% | +1.14% | base | +3.61% | +5.75% | +9.58% | +8.82% |
| RTX | -1.50% | +1.61% | base | +1.86% | +2.15% | +5.97% | +4.95% |
| NOC | -1.60% | -0.11% | base | +2.97% | +3.70% | +8.03% | +6.07% |
| XLE | -5.66% | -3.14% | base | +0.65% | -0.95% | +1.56% | +0.92% |
| GD | -1.80% | -0.34% | base | +0.64% | +1.35% | +3.50% | +2.66% |
| ITA | -0.22% | +1.27% | base | +0.09% | +1.36% | +2.47% | +1.74% |
| JPM | -0.60% | +0.44% | base | +1.14% | +1.21% | +2.46% | +0.59% |
| BAC | -0.78% | +0.67% | base | -4.71% | -4.21% | -5.05% | -6.60% |
| TLT | -1.52% | -0.50% | base | +0.68% | +2.09% | +2.15% | +1.42% |
| IEF | -0.47% | -0.16% | base | +0.18% | +0.89% | +0.98% | +0.59% |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Rolling coverage of the latest economic and financial news, including the IMF meeting in Thailand and the IEA’s new oil market report Global financial system is failing developing countries, says Ed Miliband UK government borrowing costs a…
Source: The Guardian
Energy
| Company | When | Move | Status |
|---|---|---|---|
| BAC | that day | -4.71% | final price |
| BAC | the next day | -4.21% | final price |
| BAC | two days later | -5.05% | final price |
| BAC | three days later | -6.60% | final price |
| BAC | three days earlier | +0.67% | final price |
| BAC | five days earlier | -0.78% | final price |
| GD | that day | +0.64% | final price |
| GD | the next day | +1.35% | final price |
| GD | two days later | +3.50% | final price |
| GD | three days later | +2.66% | final price |
| GD | three days earlier | -0.34% | final price |
| GD | five days earlier | -1.80% | final price |
| IEF | that day | +0.18% | final price |
| IEF | the next day | +0.89% | final price |
| IEF | two days later | +0.98% | final price |
| IEF | three days later | +0.59% | final price |
| IEF | three days earlier | -0.16% | final price |
| IEF | five days earlier | -0.47% | final price |
| ITA | that day | +0.09% | final price |
| ITA | the next day | +1.36% | final price |
| ITA | two days later | +2.47% | final price |
| ITA | three days later | +1.74% | final price |
| ITA | three days earlier | +1.27% | final price |
| ITA | five days earlier | -0.22% | final price |
| JPM | that day | +1.14% | final price |
| JPM | the next day | +1.21% | final price |
| JPM | two days later | +2.46% | final price |
| JPM | three days later | +0.59% | final price |
| JPM | three days earlier | +0.44% | final price |
| JPM | five days earlier | -0.60% | final price |
| LMT | that day | +3.61% | final price |
| LMT | the next day | +5.75% | final price |
| LMT | two days later | +9.58% | final price |
| LMT | three days later | +8.82% | final price |
| LMT | three days earlier | +1.14% | final price |
| LMT | five days earlier | -0.92% | final price |
| NOC | that day | +2.97% | final price |
| NOC | the next day | +3.70% | final price |
| NOC | two days later | +8.03% | final price |
| NOC | three days later | +6.07% | final price |
| NOC | three days earlier | -0.11% | final price |
| NOC | five days earlier | -1.60% | final price |
| PPLI | that day | -0.73% | final price |
| PPLI | the next day | -1.62% | final price |
| PPLI | two days later | -5.07% | final price |
| PPLI | three days later | -5.85% | final price |
| PPLI | three days earlier | +0.10% | final price |
| PPLI | five days earlier | -0.64% | final price |
| RTX | that day | +1.86% | final price |
| RTX | the next day | +2.15% | final price |
| RTX | two days later | +5.97% | final price |
| RTX | three days later | +4.95% | final price |
| RTX | three days earlier | +1.61% | final price |
| RTX | five days earlier | -1.50% | final price |
| TLT | that day | +0.68% | final price |
| TLT | the next day | +2.09% | final price |
| TLT | two days later | +2.15% | final price |
| TLT | three days later | +1.42% | final price |
| TLT | three days earlier | -0.50% | final price |
| TLT | five days earlier | -1.52% | final price |
| XLE | that day | +0.65% | final price |
| XLE | the next day | -0.95% | final price |
| XLE | two days later | +1.56% | final price |
| XLE | three days later | +0.92% | final price |
| XLE | three days earlier | -3.14% | final price |
| XLE | five days earlier | -5.66% | final price |
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, sold People (PPLI), worth $50,001 - $100,000 on 29 Jul 2026. That is 77 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 21 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 21 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 27 days before publication. Filed 13 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold RTX, worth $100,001 - $250,000 on 31 Jul 2026. That is 75 days before publication. Filed 22 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought RTX, worth $1,001 - $15,000 on 23 Jul 2026. That is 83 days before publication. Filed 22 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought Northrop Grumman (NOC), worth $15,001 - $50,000 on 23 Jul 2026. That is 83 days before publication. Filed 22 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Northrop Grumman (NOC), worth $250,001 - $500,000 on 20 Jul 2026. That is 86 days before publication. Filed 22 Sep 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 40 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 40 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 48 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the energy case looks
12 out of 100
“Diesel squeeze expected to continue into 2027 despite Trump’s deal with Russia – business live” scores 12 out of 100. The score uses 1 sources.