Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets
Published . Updated .
Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets Newsquawk
Directly affected
- WFC Wells Fargo
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
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- ITA iShares U.S. Aerospace & Defense
A fund of aerospace and defense companies
- BA Boeing
Defense and aerospace orders move with conflict spending
Price reaction, T-5 to T+3
Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets Newsquawk
Source: Newsquawk
How far United States Gasoline Fund (UGA) has moved since 13 Oct 2026
Since the first closing price after “Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets,” 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.
| Company | When | Move | Status |
|---|---|---|---|
| BAC | that day | -1.14% | final price |
| BAC | the next day | -5.79% | final price |
| BAC | two days later | -5.30% | final price |
| BAC | three days later | -6.13% | final price |
| BAC | three days earlier | -1.80% | final price |
| BAC | five days earlier | -0.84% | final price |
| CVX | that day | +1.30% | final price |
| CVX | the next day | +3.29% | final price |
| CVX | two days later | +2.02% | final price |
| CVX | three days later | +4.63% | final price |
| CVX | three days earlier | -1.61% | final price |
| CVX | five days earlier | -3.45% | final price |
| GS | that day | -0.25% | final price |
| GS | the next day | -1.74% | final price |
| GS | two days later | -0.35% | final price |
| GS | three days later | -1.54% | final price |
| GS | three days earlier | -1.38% | final price |
| GS | five days earlier | +0.35% | final price |
| Ishares Tr (IEF) | that day | +0.12% | final price |
| Ishares Tr (IEF) | the next day | +0.30% | final price |
| Ishares Tr (IEF) | two days later | +1.02% | final price |
| Ishares Tr (IEF) | three days later | +1.10% | final price |
| Ishares Tr (IEF) | three days earlier | +0.01% | final price |
| Ishares Tr (IEF) | five days earlier | -0.35% | final price |
| JPM | that day | -0.91% | final price |
| JPM | the next day | +0.22% | final price |
| JPM | two days later | +0.29% | final price |
| JPM | three days later | +1.53% | final price |
| JPM | three days earlier | -0.92% | final price |
| JPM | five days earlier | -0.96% | final price |
Middle East, seven days against thirty
Middle East has 0 linked stories in the last 7 days and 0 in the last 30 on the page that also carries “Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets.”
Who gains and who loses around United States Gasoline Fund (UGA)
Companies tied to 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 “Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets.” 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 “Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets,” 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
Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets.” 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 “Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets.” 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 “Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets,” 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
Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets.” 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 “Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets,” 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
In “Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets,” Ishares Tr (HYG) 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
What Middle East means for United States Gasoline Fund (UGA)
The 13 Oct 2026 story “Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets” names United States Gasoline Fund (UGA) because of Middle East.
What ties United States Gasoline Fund (UGA) to the headline is this: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
iShares S&P GSCI Commodity-Indexed Trust (GSG) is here too. Its reason reads: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
Price levels for United States Gasoline Fund (UGA)
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.
A simple score for United States Gasoline Fund (UGA)
46 out of 100
“Wells Fargo (WFC) CEO says US economic growth continues to be strong, while uncertainty persists due to sticky inflation, Middle East conflict, persistent fiscal deficits and volatile energy markets” scores 46 out of 100. The score uses 1 sources, and 21 linked companies.