From Tariffs to Broken Supply Chains, Small Business Owners under Siege

Published 13 Oct 2026, 18:41 UTC. Updated 14 Oct 2026, 00:31 UTC.

From Tariffs to Broken Supply Chains, Small Business Owners under Siege National Press Foundation

Directly affected

No company is named in this report.

Indirectly affected

XLE Energy Select Sector SPDR
Energy prices move when sanctioned supply is blocked
USO United States Oil Fund
This fund moves with oil prices
XOM Exxon Mobil
Oil producers move when sanctioned barrels leave the market
CVX Chevron
Oil producers move when sanctioned barrels leave the market
AAPL Apple
Sales and supply chains are exposed to a new tariff
NKE Nike
Sales and supply chains are exposed to a new tariff
SLB SLB
Oilfield work in sanctioned regions can be cut off
GLD SPDR Gold Shares
Gold is a usual haven when a conflict or sanction escalates
LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
SPY SPDR S&P 500
The broad market moves when a major sanction lands

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
XLE	—	—	—	—	—	—	—
USO	—	—	—	—	—	—	—
XOM	—	—	—	—	—	—	—
CVX	-3.45%	-1.61%	—	+1.30%	+3.29%	+2.02%	+4.63%
AAPL	-2.15%	-0.18%	—	+0.08%	+0.58%	+0.25%	+0.69%
NKE	-2.07%	-1.67%	—	+0.01%	-0.06%	+5.18%	+5.05%
SLB	—	—	—	—	—	—	—
GLD	+0.03%	-0.93%	—	-0.14%	-1.62%	+0.13%	-0.03%
LMT	-0.43%	-0.82%	—	-1.60%	+1.95%	+4.06%	+7.83%
SPY	—	—	—	—	—	—	—

From Tariffs to Broken Supply Chains, Small Business Owners under Siege National Press Foundation

Source: National Press Foundation

The price since 13 Oct 2026: First Trust Active Factor Small Cap Etf (AFSM) versus the S&P 500

Since the first closing price after “From Tariffs to Broken Supply Chains, Small Business Owners under Siege,” First Trust Active Factor Small Cap Etf (AFSM) is -0.08%. The S&P 500 fund (SPY) is -0.40% over the same days, a +0.32% difference versus the market.

Company	When	Move	Status
AAPL	that day	+0.08%	final price
AAPL	the next day	+0.58%	final price
AAPL	two days later	+0.25%	final price
AAPL	three days later	+0.69%	final price
AAPL	three days earlier	-0.18%	final price
AAPL	five days earlier	-2.15%	final price
CVX	that day	+1.30%	final price
CVX	the next day	+3.29%	final price
CVX	two days later	+2.02%	final price
CVX	three days later	+4.63%	final price
CVX	three days earlier	-1.61%	final price
CVX	five days earlier	-3.45%	final price
GLD	that day	-0.14%	final price
GLD	the next day	-1.62%	final price
GLD	two days later	+0.13%	final price
GLD	three days later	-0.03%	final price
GLD	three days earlier	-0.93%	final price
GLD	five days earlier	+0.03%	final price
LMT	that day	-1.60%	final price
LMT	the next day	+1.95%	final price
LMT	two days later	+4.06%	final price
LMT	three days later	+7.83%	final price
LMT	three days earlier	-0.82%	final price
LMT	five days earlier	-0.43%	final price
NKE	that day	+0.01%	final price
NKE	the next day	-0.06%	final price
NKE	two days later	+5.18%	final price
NKE	three days later	+5.05%	final price
NKE	three days earlier	-1.67%	final price
NKE	five days earlier	-2.07%	final price

AFSM

SPY

Who gains and who loses around First Trust Active Factor Small Cap Etf (AFSM)

Companies carried with this story

AFSM First Trust Active Factor Small Cap Etf
First Trust Active Factor Small Cap Etf (AFSM) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “From Tariffs to Broken Supply Chains, Small Business Owners under Siege.” Reason on file: GA selected AFSM as a RELATED security because its canonical security name directly matches this event's themes: small. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
BSVO Ea Bridgeway Omni Small-Cap Value Etf
For “From Tariffs to Broken Supply Chains, Small Business Owners under Siege,” Ea Bridgeway Omni Small-Cap Value Etf (BSVO) is linked, with no stored direction, medium confidence. Reason on file: GA selected BSVO as a RELATED security because its canonical security name directly matches this event's themes: small. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
CAFG Pacer Us Small Cap Cash Cows Growth Leaders Etf
Pacer Us Small Cap Cash Cows Growth Leaders Etf (CAFG) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “From Tariffs to Broken Supply Chains, Small Business Owners under Siege.” Reason on file: GA selected CAFG as a RELATED security because its canonical security name directly matches this event's themes: small. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
DSMC Distillate Small/Mid Cash Flow Etf
For “From Tariffs to Broken Supply Chains, Small Business Owners under Siege,” Distillate Small/Mid Cash Flow Etf (DSMC) is linked, with no stored direction, medium confidence. Reason on file: GA selected DSMC as a RELATED security because its canonical security name directly matches this event's themes: small. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
ESSC Eventide Small Cap Etf
In “From Tariffs to Broken Supply Chains, Small Business Owners under Siege,” Eventide Small Cap Etf (ESSC) is linked, with no stored direction, medium confidence. Reason on file: GA selected ESSC as a RELATED security because its canonical security name directly matches this event's themes: small. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
CTNT Cheetah Net Supply Chain Service
Cheetah Net Supply Chain Service (CTNT) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “From Tariffs to Broken Supply Chains, Small Business Owners under Siege.” Reason on file: GA selected CTNT as a RELATED security because its canonical security name directly matches this event's themes: chains, supply. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

First Trust Active Factor Small Cap Etf (AFSM)

The 13 Oct 2026 story “From Tariffs to Broken Supply Chains, Small Business Owners under Siege” names First Trust Active Factor Small Cap Etf (AFSM) because of this story.

First Trust Active Factor Small Cap Etf (AFSM) is on the page because GA selected AFSM as a RELATED security because its canonical security name directly matches this event's themes: small. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Ea Bridgeway Omni Small-Cap Value Etf (BSVO): GA selected BSVO as a RELATED security because its canonical security name directly matches this event's themes: small. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Price levels for First Trust Active Factor Small Cap Etf (AFSM)

AFSM traded between 38.99 and 40.23 across 20 sessions. The latest close on file is 39.24. BSVO traded between 27.76 and 29.08 across 20 sessions. The latest close on file is 28.16. CAFG traded between 31.70 and 33.10 across 20 sessions. The latest close on file is 32.61.

What the saved facts support for First Trust Active Factor Small Cap Etf (AFSM)

46 out of 100

“From Tariffs to Broken Supply Chains, Small Business Owners under Siege” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.