Canadian Prime Minister Carney reports progress in trade talks with Trump days before U.S. midterms
Published . Updated .
Covered by 2 outlets: MPR News, PBS.
Who covered it: Lean Left 1 · Not rated 1. How we rate outlets
The upbeat assessment marks a shift from August, when Canada walked away from negotiations after rejecting U.S. demands that Carney said threatened Canadian sovereignty, French-language protections and the auto industry.
Directly affected
- No company is named in this report.
Indirectly affected
- XLI Industrial Select Sector SPDR-1.5% 30d
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “trade talks” (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 “trade talks” (tariffs and trade) in this story.
- CARZ First Trust S-Network Future Vehicles & Technology ETF
First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “auto” (autos) in this story.
- EWC iShares MSCI Canada ETF+0.3% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”).
- EWQ iShares MSCI France ETF-6.5% 11d
iShares MSCI France ETF holds stocks listed in France, which this story is about (“french”).
- CAT Caterpillar-23.7% 30d
Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “trade talks” (tariffs and trade) in this story.
- DE Deere-0.9% 30d
Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “trade talks” (tariffs and trade) in this story.
- WMT Walmart+14.9% 30d
Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “trade talks” (tariffs and trade) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLI | -0.27% | +0.65% | base | after close | after close | after close | after close |
| XRT | -1.50% | -2.24% | base | after close | after close | after close | after close |
| CARZNo price data for this ticker | — | — | — | — | — | — | — |
| EWC | +0.40% | +1.48% | base | after close | after close | after close | after close |
| EWQNo price data for this ticker | — | — | — | — | — | — | — |
| CAT | +11.08% | +14.72% | base | after close | after close | after close | after close |
| DE | -5.07% | -5.14% | base | after close | after close | after close | after close |
| WMT | -2.61% | -3.79% | base | after close | 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.
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Canadian Prime Minister Carney reports progress in trade talks with Trump days before U.S. midterms MPR News
Source: MPR News
The price since 1 Nov 2026: Select Sector Spdr Tr (XLI) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Caterpillar (CAT) | three days earlier | +14.72% | final price |
| Caterpillar (CAT) | five days earlier | +11.08% | final price |
| Deere (DE) | three days earlier | -5.14% | final price |
| Deere (DE) | five days earlier | -5.07% | final price |
| Ishares Msci Canada Etf (EWC) | three days earlier | +1.48% | final price |
| Ishares Msci Canada Etf (EWC) | five days earlier | +0.40% | final price |
| Walmart (WMT) | three days earlier | -3.79% | final price |
| Walmart (WMT) | five days earlier | -2.61% | final price |
| Select Sector Spdr Tr (XLI) | three days earlier | +0.65% | final price |
| Select Sector Spdr Tr (XLI) | five days earlier | -0.27% | final price |
| Spdr Series Trust (XRT) | three days earlier | -2.24% | final price |
| Spdr Series Trust (XRT) | five days earlier | -1.50% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 34 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 30 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 34 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 37 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Nike (NKE), worth $15,001 - $50,000 on 28 Aug 2026. That is 65 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Nike (NKE), worth $15,001 - $50,000 on 27 Aug 2026. That is 66 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Nike (NKE), worth $100,001 - $250,000 on 21 Aug 2026. That is 72 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 Select Sector Spdr Tr (XLI)
Companies mentioned with this story
- XLI Select Sector Spdr Tr
In “Canadian Prime Minister Carney reports progress in trade talks with Trump days before U.S. midterms,” 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 “trade talks” (tariffs and trade) in this story
- XRT Spdr Series Trust
For “Canadian Prime Minister Carney reports progress in trade talks with Trump days before U.S. midterms,” 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 “trade talks” (tariffs and trade) in this story
- EWC Ishares Msci Canada Etf
In “Canadian Prime Minister Carney reports progress in trade talks with Trump days before U.S. midterms,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”)
- CAT Caterpillar
In “Canadian Prime Minister Carney reports progress in trade talks with Trump days before U.S. midterms,” 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 “trade talks” (tariffs and trade) in this story
- DE Deere
Deere (DE) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Canadian Prime Minister Carney reports progress in trade talks with Trump days before U.S. midterms.” Reason on file: Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “trade talks” (tariffs and trade) in this story
- WMT Walmart
For “Canadian Prime Minister Carney reports progress in trade talks with Trump days before U.S. midterms,” 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 “trade talks” (tariffs and trade) in this story
- NKE Nike
Nike (NKE) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Canadian Prime Minister Carney reports progress in trade talks with Trump days before U.S. midterms.” Reason on file: Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “trade talks” (tariffs and trade) in this story
Select Sector Spdr Tr (XLI)
“Canadian Prime Minister Carney reports progress in trade talks with Trump days before U.S. midterms” (1 Nov 2026) reaches Select Sector Spdr Tr (XLI) through this story.
Select Sector Spdr Tr (XLI) is on the page because Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “trade talks” (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 “trade talks” (tariffs and trade) in this story
The price range for Select Sector Spdr Tr (XLI), and the dates in the story
EWC traded between 57.81 and 61.73 across 20 sessions. The latest close on file is 60.61. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 167.42.
A simple score for Select Sector Spdr Tr (XLI)
54 out of 100
“Canadian Prime Minister Carney reports progress in trade talks with Trump days before U.S. midterms” scores 54 out of 100. The score uses 2 sources, and 7 linked companies.