Trump’s ‘Fake News’ Post: Potential Sentiment Shock for Media Stocks and Communication ETFs

President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:

“RT: The Fake News just won’t cover the TRUTH!”

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 accusation that “Fake News” outlets hide the truth could pressure sentiment toward legacy media stocks like The New York Times Company (NYT) and News Corporation Class A (NWSA), potentially triggering short‑term volatility, especially among politically sensitive traders. If the post gains traction, diversified media and communication ETFs such as Vanguard Communication Services ETF (VOX) and Communication Services Select Sector SPDR Fund (XLC) might see modest ripple effects because these funds hold a basket of related media and communication names impacted by shifts in investor sentiment toward news and content providers. Warner Bros. Discovery, Inc. Series A (WBD) could also experience marginal impact if investors broadly extrapolate anti-media rhetoric to large content and news-distribution businesses, though any move would likely be sentiment-driven rather than based on fundamentals.

Here are some of the stocks that might be affected:
The New York Times Company ((NYT)),
News Corporation Class A ((NWSA)),
Vanguard Communication Services ETF ((VOX)),
Communication Services Select Sector SPDR Fund ((XLC)),
Warner Bros. Discovery, Inc. Series A ((WBD)).