JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live
Published . Updated .
Rolling coverage of the latest economic and financial news UK government bonds are rallying this morning, after the IMF said it had increased its growth forecast for the country this year. Yields (which fall when bond prices rise) are down by about 5 basis points for the 10-year gilt, and down by 4 basis points for the 5-year. Continue reading...
Directly affected
- JPM Jpmorgan Chase
Named in this report.
Indirectly affected
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman
Defense contractors get more work when conflict spending rises
- GD General Dynamics
Defense contractors get more work when conflict spending rises
- BAC Bank of America
Bank profits move with lending and interest rates
- ITA iShares U.S. Aerospace & Defense
A fund of aerospace and defense companies
- BA Boeing
Defense and aerospace orders move with conflict spending
- LHX L3Harris
Defense contractors get more work when conflict spending rises
- HII Huntington Ingalls
Shipyards benefit when naval spending rises
- UGA UNITED STATES GASOLINE FUND LP
Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations.
Price reaction, T-5 to T+3
Rolling coverage of the latest economic and financial news UK government bonds are rallying this morning, after the IMF said it had increased its growth forecast for the country this year. Yields (which fall when bond prices rise) are down…
Source: The Guardian
The price since 13 Oct 2026: United States Gasoline Fund (UGA) versus the S&P 500
Since the first closing price after “JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live,” United States Gasoline Fund (UGA) is -1.79%. The S&P 500 fund (SPY) is -0.40% over the same days, a -1.40% difference versus the market. industrial stocks (XLI) is -0.20%, a -1.60% difference versus that group of stocks.
| Company | When | Move | Status |
|---|---|---|---|
| BA | that day | -1.56% | final price |
| BA | the next day | -2.60% | final price |
| BA | two days later | -0.40% | final price |
| BA | three days later | +0.30% | final price |
| BA | three days earlier | -0.93% | final price |
| BA | five days earlier | +0.18% | final price |
| Bank Of America (BAC) | that day | -1.14% | final price |
| Bank Of America (BAC) | the next day | -5.79% | final price |
| Bank Of America (BAC) | two days later | -5.30% | final price |
| Bank Of America (BAC) | three days later | -6.13% | final price |
| Bank Of America (BAC) | three days earlier | -1.80% | final price |
| Bank Of America (BAC) | five days earlier | -0.84% | final price |
| Invesco Db Agriculture Fund (DBA) | that day | -0.02% | final price |
| Invesco Db Agriculture Fund (DBA) | the next day | -0.60% | final price |
| Invesco Db Agriculture Fund (DBA) | two days later | -0.47% | final price |
| Invesco Db Agriculture Fund (DBA) | three days later | -0.74% | final price |
| Invesco Db Agriculture Fund (DBA) | three days earlier | -0.30% | final price |
| Invesco Db Agriculture Fund (DBA) | five days earlier | +1.46% | final price |
| GD | that day | -0.79% | final price |
| GD | the next day | -0.15% | final price |
| GD | two days later | +0.55% | final price |
| GD | three days later | +2.69% | final price |
| GD | three days earlier | -1.56% | final price |
| GD | five days earlier | -1.12% | final price |
| iShares S&P GSCI Commodity-Indexed Trust (GSG) | that day | +0.96% | final price |
| iShares S&P GSCI Commodity-Indexed Trust (GSG) | the next day | +0.49% | final price |
| iShares S&P GSCI Commodity-Indexed Trust (GSG) | two days later | +0.44% | final price |
| iShares S&P GSCI Commodity-Indexed Trust (GSG) | three days later | +1.89% | final price |
| iShares S&P GSCI Commodity-Indexed Trust (GSG) | three days earlier | -0.77% | final price |
| iShares S&P GSCI Commodity-Indexed Trust (GSG) | five days earlier | -1.76% | final price |
Companies in defense around United States Gasoline Fund (UGA)
Companies carried with this story
- UGA United States Gasoline Fund
United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- GSG iShares S&P GSCI Commodity-Indexed Trust
For “JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live,” iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- DBA Invesco Db Agriculture Fund
For “JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live,” Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- MOO Vaneck Etf Trust
Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- XME Spdr Series Trust
For “JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live,” Spdr Series Trust (XME) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- XLY Select Sector Spdr Tr
For “JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live,” Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- IWM Ishares Tr
In “JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live,” Ishares Tr (IWM) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- HYG Ishares Tr
Ishares Tr (HYG) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
How defense news reaches United States Gasoline Fund (UGA)
The 13 Oct 2026 story “JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live” names United States Gasoline Fund (UGA) because of Defense.
United States Gasoline Fund (UGA) is on the page because Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
Also listed, iShares S&P GSCI Commodity-Indexed Trust (GSG): Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
What this defense story puts on the calendar
DBA traded between 27.85 and 28.86 across 20 sessions. The latest close on file is 28.19. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.
How solid the defense case looks
46 out of 100
“JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live” scores 46 out of 100. The score uses 1 sources, and 20 linked companies.