Apollo's Torsten Slok: GDP growth from capex spending will be more modest
Published . Updated .
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Torsten Slok, chief economist at Apollo Global Management, joins 'Squawk on the Street' to discuss the midterm election results, economic themes, and more.
Directly affected
- APO Apollo Global Management-9.9% 30d
Named in this report.
Indirectly affected
- DIA SPDR Dow Jones Industrial Average ETF-0.5% 30d
SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story.
- XLF Financial Select Sector SPDR-1.4% 30d
Financial Select Sector SPDR holds the financials sector that Apollo Global Management belongs to, so it often moves with news about it.
- BX Blackstone+7.1% 30d
Blackstone is a peer of Apollo Global Management in investment advice; rivals often move on the same news.
- KKR Kkr-1.3% 30d
Kkr is a peer of Apollo Global Management in investment advice; rivals often move on the same news.
- BAM Brookfield Asset Management+21.4% 30d
Brookfield Asset Management is a peer of Apollo Global Management in investment advice; rivals often move on the same news.
- AMP Ameriprise Financial-3.3% 30d
Ameriprise Financial is a peer of Apollo Global Management in investment advice; rivals often move on the same news.
- ARES Ares Management+13.9% 30d
Ares Management is a peer of Apollo Global Management in investment advice; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| APO | -3.45% | -2.68% | base | -4.46% | after close | after close | after close |
| DIA | -1.93% | -2.58% | base | -3.47% | after close | after close | after close |
| QQQ | +3.43% | -1.51% | base | -5.74% | after close | after close | after close |
| XLF | -3.78% | -2.75% | base | -2.65% | after close | after close | after close |
| BX | -3.90% | -4.26% | base | -4.61% | after close | after close | after close |
| KKR | -5.47% | -3.30% | base | -2.97% | after close | after close | after close |
| BAM | -10.22% | -4.92% | base | -3.05% | after close | after close | after close |
| AMP | -5.75% | -4.45% | base | -3.49% | after close | after close | after close |
| ARES | -6.94% | -2.89% | base | -2.26% | after close | after close | after 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.
Apollo's Torsten Slok: GDP growth from capex spending will be more modest CNBC
Source: CNBC
Price since this story was published: Spdr Dow Jones Industrial Average Etf Trust (DIA)
| Company | When | Move | Status |
|---|---|---|---|
| AMP | that day | -3.49% | final price |
| AMP | three days earlier | -4.45% | final price |
| AMP | five days earlier | -5.75% | final price |
| APO | that day | -4.46% | final price |
| APO | three days earlier | -2.68% | final price |
| APO | five days earlier | -3.45% | final price |
| ARES | that day | -2.26% | final price |
| ARES | three days earlier | -2.89% | final price |
| ARES | five days earlier | -6.94% | final price |
| BAM | that day | -3.05% | final price |
| BAM | three days earlier | -4.92% | final price |
| BAM | five days earlier | -10.22% | final price |
| BX | that day | -4.61% | final price |
| BX | three days earlier | -4.26% | final price |
| BX | five days earlier | -3.90% | final price |
| Spdr Dow Jones Industrial Average Etf Trust (DIA) | that day | -3.47% | final price |
| Spdr Dow Jones Industrial Average Etf Trust (DIA) | three days earlier | -2.58% | final price |
| Spdr Dow Jones Industrial Average Etf Trust (DIA) | five days earlier | -1.93% | final price |
| KKR | that day | -2.97% | final price |
| KKR | three days earlier | -3.30% | final price |
| KKR | five days earlier | -5.47% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | that day | -5.74% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | -1.51% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | +3.43% | final price |
| XLF | that day | -2.65% | final price |
| XLF | three days earlier | -2.75% | final price |
| XLF | five days earlier | -3.78% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Apollo Global Management (APO) (held by a dependent child), worth $1,001 - $15,000 on 10 Aug 2026. That is 87 days before publication. Filed 4 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought Blackstone (BX), worth $250,001 - $500,000 on 21 Aug 2026. That is 76 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought KKR, worth $250,001 - $500,000 on 21 Aug 2026. That is 76 days before publication. Filed 8 Oct 2026. View the filing.
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 Spdr Dow Jones Industrial Average Etf Trust (DIA)
Companies mentioned with this story
- DIA Spdr Dow Jones Industrial Average Etf Trust
Spdr Dow Jones Industrial Average Etf Trust (DIA) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Apollo's Torsten Slok: GDP growth from capex spending will be more modest.” Reason on file: SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story
- QQQ Invesco Qqq Trust, Series 1
For “Apollo's Torsten Slok: GDP growth from capex spending will be more modest,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story
- IWM Ishares Tr
For “Apollo's Torsten Slok: GDP growth from capex spending will be more modest,” Ishares Tr (IWM) is linked, with no stored direction, medium confidence. Reason on file: iShares Russell 2000 ETF: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story
- RSP Invesco Exchange Traded Fd T
In “Apollo's Torsten Slok: GDP growth from capex spending will be more modest,” Invesco Exchange Traded Fd T (RSP) is linked, with no stored direction, medium confidence. Reason on file: Invesco S&P 500 Equal Weight ETF: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story
- VTI Vanguard Index Fds
In “Apollo's Torsten Slok: GDP growth from capex spending will be more modest,” Vanguard Index Fds (VTI) is linked, with no stored direction, medium confidence. Reason on file: Vanguard Total Stock Market ETF: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story
Spdr Dow Jones Industrial Average Etf Trust (DIA)
On 5 Nov 2026, “Apollo's Torsten Slok: GDP growth from capex spending will be more modest” is the story that connects Spdr Dow Jones Industrial Average Etf Trust (DIA) to this story.
Spdr Dow Jones Industrial Average Etf Trust (DIA) is on the page because SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story
Also listed, Invesco Qqq Trust, Series 1 (QQQ): Invesco QQQ: it is a broad US stock-market fund. Linked by “gdp” (the broad US market) in this story
Price levels for Spdr Dow Jones Industrial Average Etf Trust (DIA)
DIA traded between 504.92 and 522.62 across 17 sessions. The latest close on file is 515.65. IWM traded between 269.88 and 285.25 across 20 sessions. The latest close on file is 279.20. QQQ traded between 680.34 and 757.18 across 20 sessions. The latest close on file is 685.32.
How strong the case is around Spdr Dow Jones Industrial Average Etf Trust (DIA)
40 out of 100
“Apollo's Torsten Slok: GDP growth from capex spending will be more modest” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.