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U.S. Treasury Secretary Bessent says economy not where Trump admin wants to be, but points to encouraging metrics

Published . Updated .

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U.S. Treasury Secretary Bessent says economy not where Trump admin wants to be, but points to encouraging metrics

Whether it's affordability, healthcare, income, or interest rates, Texans have said those economic issues are influencing their votes.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-2.2% 30d

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

  • IEF iShares 7-10 Year Treasury Bond ETF-0.8% 30d

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

  • XLV Health Care Select Sector SPDR

    Health Care Select Sector SPDR: it holds drugmakers and health companies. Linked by “healthcare” (pharma and health) in this story.

  • JPM JPMorgan Chase+0.1% 30d

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

  • BAC Bank of America-11.4% 30d

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

  • LLY Eli Lilly and+19.9% 30d

    Eli Lilly and (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “healthcare” (pharma and health) in this story.

  • JNJ Johnson & Johnson+1.9% 30d

    Johnson & Johnson (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “healthcare” (pharma and health) in this story.

  • PFE Pfizer+7.3% 30d

    Pfizer (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “healthcare” (pharma and health) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT-0.10%-0.30%base-0.78%+0.05%+0.23%after close
IEF-0.44%-0.28%base-0.36%+0.16%+0.54%after close
XLV-2.95%-0.31%base-0.34%+2.73%+0.31%after close
JPM-1.44%+0.85%base-0.79%+3.39%-1.05%after close
BAC+2.23%+3.18%base+0.18%+4.17%+0.97%after close
LLY-9.22%-2.71%base-0.17%+0.45%-2.64%after close
JNJ-0.68%+1.70%base-1.63%+2.13%+0.67%after close
PFE-3.00%-2.47%base-2.38%+0.26%-2.70%after 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.

U.S. Treasury Secretary Bessent says economy not where Trump admin wants to be, but points to encouraging metrics ABC13 Houston

Source: ABC13 Houston

This story

CompanyWhenMoveStatus
BACthat day+0.18%final price
BACthe next day+4.17%final price
BACtwo days later+0.97%final price
BACthree days earlier+3.18%final price
BACfive days earlier+2.23%final price
IEFthat day-0.36%final price
IEFthe next day+0.16%final price
IEFtwo days later+0.54%final price
IEFthree days earlier-0.28%final price
IEFfive days earlier-0.44%final price
JNJthat day-1.63%final price
JNJthe next day+2.13%final price
JNJtwo days later+0.67%final price
JNJthree days earlier+1.70%final price
JNJfive days earlier-0.68%final price
JPMthat day-0.79%final price
JPMthe next day+3.39%final price
JPMtwo days later-1.05%final price
JPMthree days earlier+0.85%final price
JPMfive days earlier-1.44%final price
LLYthat day-0.17%final price
LLYthe next day+0.45%final price
LLYtwo days later-2.64%final price
LLYthree days earlier-2.71%final price
LLYfive days earlier-9.22%final price
PFEthat day-2.38%final price
PFEthe next day+0.26%final price
PFEtwo days later-2.70%final price
PFEthree days earlier-2.47%final price
PFEfive days earlier-3.00%final price
TLTthat day-0.78%final price
TLTthe next day+0.05%final price
TLTtwo days later+0.23%final price
TLTthree days earlier-0.30%final price
TLTfive days earlier-0.10%final price
XLVthat day-0.34%final price
XLVthe next day+2.73%final price
XLVtwo days later+0.31%final price
XLVthree days earlier-0.31%final price
XLVfive days earlier-2.95%final price

Trades by members of Congress and officials 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

“U.S. Treasury Secretary Bessent says economy not where Trump admin wants to be, but points to encouraging metrics” scores 12 out of 100. The score uses 1 sources.