Geopolitics Alpha

Anwar says Malaysia assessing impact of US midterm election results, including tariffs

Published . Updated .

Key takeaways

  • Exposed: XLI, XRT, EWM, CAT, DE
  • Market reaction: price tracking starts with the next trading session.

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GEOPOLITICS ALPHAAnwar says Malaysia assessingimpact of US midterm electionresults, including tariffsGEOPOLITICS ALPHA

This report is about tariffs and trade and Malaysia.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLI Industrial Select Sector SPDR-0.3% 30d

    Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • EWM iShares MSCI Malaysia ETF-0.6% 6d

    iShares MSCI Malaysia ETF holds stocks listed in Malaysia, which this story is about (“malaysia”).

  • CAT Caterpillar-26.6% 30d

    Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • DE Deere-1.1% 30d

    Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • NKE Nike+6.7% 30d

    Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLI+3.03%+5.45%baseafter closeafter closeafter closeafter close
XRT-2.55%-2.49%baseafter closeafter closeafter closeafter close
EWM-1.47%-1.32%baseafter closeafter closeafter closeafter close
CAT+12.53%+12.71%baseafter closeafter closeafter closeafter close
DE+1.76%+0.35%baseafter closeafter closeafter closeafter close
WMT-3.29%-2.27%baseafter closeafter closeafter closeafter close
NKE-2.20%-2.74%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Anwar says Malaysia assessing impact of US midterm election results, including tariffs Malay Mail

Source: Malay Mail

How far Select Sector Spdr Tr (XLI) has moved since 6 Nov 2026

CompanyWhenMoveStatus
Caterpillar (CAT)three days earlier+12.71%final price
Caterpillar (CAT)five days earlier+12.53%final price
Deere (DE)three days earlier+0.35%final price
Deere (DE)five days earlier+1.76%final price
Ishares (EWM)three days earlier-1.32%final price
Ishares (EWM)five days earlier-1.47%final price
Nike (NKE)three days earlier-2.74%final price
Nike (NKE)five days earlier-2.20%final price
Walmart (WMT)three days earlier-2.27%final price
Walmart (WMT)five days earlier-3.29%final price
Select Sector Spdr Tr (XLI)three days earlier+5.45%final price
Select Sector Spdr Tr (XLI)five days earlier+3.03%final price
Spdr Series Trust (XRT)three days earlier-2.49%final price
Spdr Series Trust (XRT)five days earlier-2.55%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Select Sector Spdr Tr (XLI)

Companies tied to this story

  • XLI Select Sector Spdr Tr

    In “Anwar says Malaysia assessing impact of US midterm election results, including tariffs,” Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence. Reason on file: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

  • XRT Spdr Series Trust

    In “Anwar says Malaysia assessing impact of US midterm election results, including tariffs,” Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

  • EWM Ishares

    Ishares (EWM) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “Anwar says Malaysia assessing impact of US midterm election results, including tariffs.” Reason on file: iShares MSCI Malaysia ETF holds stocks listed in Malaysia, which this story is about (“malaysia”)

  • CAT Caterpillar

    For “Anwar says Malaysia assessing impact of US midterm election results, including tariffs,” Caterpillar (CAT) is linked, with no stored direction, medium confidence. Reason on file: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

  • DE Deere

    In “Anwar says Malaysia assessing impact of US midterm election results, including tariffs,” Deere (DE) is linked, with no stored direction, medium confidence. Reason on file: Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

  • WMT Walmart

    In “Anwar says Malaysia assessing impact of US midterm election results, including tariffs,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

  • NKE Nike

    In “Anwar says Malaysia assessing impact of US midterm election results, including tariffs,” Nike (NKE) is linked, with no stored direction, medium confidence. Reason on file: Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

Select Sector Spdr Tr (XLI)

The 6 Nov 2026 story “Anwar says Malaysia assessing impact of US midterm election results, including tariffs” names Select Sector Spdr Tr (XLI) because of this story.

The link for Select Sector Spdr Tr (XLI) is this: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

Spdr Series Trust (XRT) is here too. Its reason reads: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

Price levels for Select Sector Spdr Tr (XLI)

EWM traded between 26.35 and 27.20 across 6 sessions. The latest close on file is 26.97. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.

How strong the case is around Select Sector Spdr Tr (XLI)

46 out of 100

“Anwar says Malaysia assessing impact of US midterm election results, including tariffs” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.