local
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) — San Antonio
· 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 last week before boarding Air Force One.
Why this matters in Terrell Hills News
For residents of Terrell Hills , the president's emphasis on stock market gains may not resonate as strongly, given the local economy's diverse drivers. While some community members may have investments tied to the stock market, others may be more concerned with the everyday impact of inflation on costs of living in the San Antonio area. The fact that only 33% of US adults approve of the president's economic leadership suggests that many Americans, including potentially those in Terrell Hills, are not convinced by the administration's claims of economic success. As the midterm elections approach, local voters will be watching to see how the president's policies affect their own economic well-being, from housing costs to grocery prices, rather than just the performance of the stock market. The president's promotion of Trump Accounts may also be viewed skeptically by some in the community, who may question whether such initiatives will truly benefit middle-class families in Terrell Hills.
About this story
Original reporting by KSAT 12 (ABC affiliate) — San Antonio . Terrell Hills News 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) — San Antonio . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 6, 2026 ·
Source: KSAT 12 (ABC affiliate) — San Antonio ·
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) — San Antonio and curated for Terrell Hills News readers.
Who reported this story? This story was reported by Josh Boak, Associated Press at KSAT 12 (ABC affiliate) — San Antonio. To learn more about how Terrell Hills News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Terrell Hills News, or browse our daily briefing and topic hubs .
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