Former President Donald Trump said he was joking when he suggested that UFC CEO Dana White could serve as his press secretary, according to the Associated Press. The headline itself reports a retraction of a remark rather than any policy, appointment, or corporate action, so there is no direct transmission to earnings, deal flow, or sovereign pricing. The most plausible channel is headline-driven sentiment affecting entertainment and media equities, particularly Endeavor Group Holdings, which owns UFC and has been trading on governance and valuation debates rather than political appointments. Traders in that name should note that the story contains no new financial information, so any price reaction would likely be transient and tied to broader retail or social-media attention. The next verifiable catalyst is Endeavor's scheduled quarterly earnings report, where management commentary on UFC media-rights revenue and sponsorship renewals would carry far more weight than political remarks.
Trump says he was just kidding about making UFC’s Dana White his press secretary - AP News
Why this matters for traders
HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.
How active traders react to headlines like this
Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.
Track this story live on TNT
Curated set of live tools relevant to this headline. Updated continuously from primary sources.
Trade the news at institutional speed
Most retail traders see news 5–15 minutes after the wire. Pro subscribers get sub-second alerts on the events that move markets — EIA crude inventory, FOMC, ECB, Copom, OPEC and CME futures rolls.