Geopolitics Alpha

Gov't Tells Fed. Circ. States Can't Revive Temporary Tariff Suit

Published . Updated .

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.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

GEOPOLITICS ALPHAGov't Tells Fed. Circ. StatesCan't Revive Temporary Tariff SuitGEOPOLITICS ALPHA

This report is about US interest rates and tariffs and trade.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF+1.1% 16d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF+0.6% 16d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • XLI Industrial Select Sector SPDR+0.6% 30d

    Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • JPM JPMorgan Chase+0.4% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • BAC Bank of America-10.5% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • CAT Caterpillar-28.4% 30d

    Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • DE Deere-1.2% 30d

    Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • WMT Walmart+18.8% 30d

    Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT+3.26%+1.97%baseafter closeafter closeafter closeafter close
IEF+1.94%+0.99%baseafter closeafter closeafter closeafter close
XLI+0.05%+1.29%baseafter closeafter closeafter closeafter close
JPM-1.26%-0.84%baseafter closeafter closeafter closeafter close
BAC-0.84%-0.69%baseafter closeafter closeafter closeafter close
CAT-0.24%+0.24%baseafter closeafter closeafter closeafter close
DE+2.61%+2.63%baseafter closeafter closeafter closeafter close
WMT-1.96%-1.88%baseafter closeafter closeafter closeafter close

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.

Gov't Tells Fed. Circ. States Can't Revive Temporary Tariff Suit Law360

Source: Law360

This story

CompanyWhenMoveStatus
BACthree days earlier-0.69%final price
BACfive days earlier-0.84%final price
CATthree days earlier+0.24%final price
CATfive days earlier-0.24%final price
DEthree days earlier+2.63%final price
DEfive days earlier+2.61%final price
IEFthree days earlier+0.99%final price
IEFfive days earlier+1.94%final price
JPMthree days earlier-0.84%final price
JPMfive days earlier-1.26%final price
TLTthree days earlier+1.97%final price
TLTfive days earlier+3.26%final price
WMTthree days earlier-1.88%final price
WMTfive days earlier-1.96%final price
XLIthree days earlier+1.29%final price
XLIfive days earlier+0.05%final price

Congressional trades in the stocks in this story

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).

This story

12 out of 100

“Gov't Tells Fed. Circ. States Can't Revive Temporary Tariff Suit” scores 12 out of 100. The score uses 1 sources.