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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“I am proud to, once again, endorse the GREAT Congressman from Tennessee’s 7th Congressional District, Matt Van Epps. I strongly campaigned with Matt to defeat the Radical Left in his 2025 Special Election, and it is my Honor to support his 2026 Re-Election.
A West Point Graduate, and Combat Decorated Army Helicopter Pilot, Matt knows the WISDOM and COURAGE required to Defend our Country, Support our incredible Military/Veterans, and Ensure PEACE THROUGH STRENGTH. In Congress, Matt is working hard to Keep our now very Secure Border, SECURE, Stop Migrant Crime, Advance Law and Order, Grow our Economy, Cut Taxes and Regulations, Promote MADE IN THE U.S.A., Unleash American Energy DOMINANCE, Champion School Choice, and Defend our always under siege Second Amendment.
Matt Van Epps has my Complete and Total Endorsement for Re-Election — HE WILL NEVER LET YOU DOWN!”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Trump’s endorsement of Matt Van Epps, with strong rhetoric around border security, law and order, and tax and regulatory cuts, could reinforce investor expectations of a pro-business, pro-defense policy bias if Republicans are seen as gaining political momentum. This may provide a marginal sentiment boost to industrial stocks, indirectly supporting the Industrial Select Sector SPDR Fund (XLI), given his emphasis on “Made in the U.S.A.” manufacturing and military spending. His call for “American Energy DOMINANCE” could be interpreted as favorable toward traditional energy production and deregulation, potentially supporting the Energy Select Sector SPDR Fund (XLE) if investors believe such policies are more likely to be enacted or maintained.
Here are some of the stocks that might be affected:
Industrial Select Sector SPDR Fund ((XLI)),
Energy Select Sector SPDR Fund ((XLE)).