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Trump rings Wall Street's opening bells as he ties his presidency to stock market gains
By Josh Boak, Associated Press at KSAT 12 (ABC affiliate)
· July 6, 2026
· 2 min read
President Donald Trump on Monday gets to ring the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office, a symbolic act that reflects how he has increasingly tied his presidency to the stock market.With high inflation hurting Trump's popularity, ...
Key takeaway “It’s all going well — the stock market is setting records virtually every day,” Trump told reporters on last week before boarding Air Force One.
Why this matters in The San Antonio
In San Antonio , where the cost of living is relatively low compared to other major Texas cities, the impact of inflation on everyday residents cannot be overstated. As President Trump touts stock market gains, many locals are more concerned with the rising prices of basic necessities like housing, food, and healthcare. The fact that only 33% of U.S. adults approve of Trump's economic leadership suggests that his message may not resonate with voters in Bexar County, where the economy is driven by a diverse range of industries, including healthcare, tourism, and manufacturing. With the midterm elections approaching, it remains to be seen how Trump's economic policies will affect San Antonio's working-class families, who are often more focused on making ends meet than on monitoring their 401(k) investments. The success of Trump Accounts, aimed at increasing stock ownership among Americans, may also be a hard sell in a city where many residents are struggling to get by.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 6, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? President Donald Trump on Monday gets to ring the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office, a symbolic act that reflects how he has increasingly tied his presidency to the stock market.With high inflation hurting Trump's popularity, ...
When was this published? This article was first published on July 6, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Josh Boak, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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