Geopolitics Alpha

Canadian Prime Minister Carney reports progress in trade talks with Trump days before US midterms

Published . Updated .

Covered by 2 outlets: ABC News - Breaking News, Latest News and Videos, Jacksonville Journal-Courier.

GEOPOLITICS ALPHACanadian Prime Minister Carneyreports progress in trade talkswith Trump days before US midtermsGEOPOLITICS ALPHA

Canadian Prime Minister Carney reports progress in trade talks with Trump days before US midterms ABC News - Breaking News, Latest News and Videos

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.

  • EWC iShares MSCI Canada ETF+0.3% 30d

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

  • 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.

  • NKE Nike+7.1% 30d

    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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLI-0.27%+0.65%baseafter closeafter closeafter closeafter close
XRT-1.50%-2.24%baseafter closeafter closeafter closeafter close
EWC+0.40%+1.48%baseafter closeafter closeafter closeafter close
CAT+11.08%+14.72%baseafter closeafter closeafter closeafter close
DE-5.07%-5.14%baseafter closeafter closeafter closeafter close
WMT-2.61%-3.79%baseafter closeafter closeafter closeafter close
NKE-2.04%-3.94%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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Canadian Prime Minister Carney reports progress in trade talks with Trump days before US midterms ABC News - Breaking News, Latest News and Videos

Source: ABC News - Breaking News, Latest News and Videos

How far Select Sector Spdr Tr (XLI) has moved since 1 Nov 2026

CompanyWhenMoveStatus
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
Nike (NKE)three days earlier-3.94%final price
Nike (NKE)five days earlier-2.04%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

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 carried with this story

  • XLI Select Sector Spdr Tr

    For “Canadian Prime Minister Carney reports progress in trade talks with Trump days before US 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

    Spdr Series Trust (XRT) 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 US midterms.” 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

    Ishares Msci Canada Etf (EWC) 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 US midterms.” Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”)

  • CAT Caterpillar

    For “Canadian Prime Minister Carney reports progress in trade talks with Trump days before US 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

    For “Canadian Prime Minister Carney reports progress in trade talks with Trump days before US midterms,” 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 “trade talks” (tariffs and trade) in this story

  • WMT Walmart

    In “Canadian Prime Minister Carney reports progress in trade talks with Trump days before US 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

    For “Canadian Prime Minister Carney reports progress in trade talks with Trump days before US midterms,” 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 “trade talks” (tariffs and trade) in this story

Select Sector Spdr Tr (XLI)

Select Sector Spdr Tr (XLI) is the company in “Canadian Prime Minister Carney reports progress in trade talks with Trump days before US midterms,” the 1 Nov 2026 this story story.

For Select Sector Spdr Tr (XLI), the reason on file says Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “trade talks” (tariffs and trade) in this story

A second company, Spdr Series Trust (XRT), is listed for a different reason: 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

Price levels for Select Sector Spdr Tr (XLI)

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.

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

54 out of 100

“Canadian Prime Minister Carney reports progress in trade talks with Trump days before US midterms” scores 54 out of 100. The score uses 2 sources, and 7 linked companies.