Heat and drought cost EU 1% of GDP in climate-driven 2026 shocks
Published . Updated .
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This report is about water and Europe.
Directly affected
- No company is named in this report.
Indirectly affected
- PHO Invesco Water Resources ETF
Invesco Water Resources ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story.
- CGW Invesco S&P Global Water Index ETF
Invesco S&P Global Water Index ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story.
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”).
- AWK American Water Works+7.0% 19d
American Water Works (water supply): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story.
- XYL Xylem+4.8% 5d
Xylem (pumps and pumping equipment): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story.
- ECL Ecolab+11.7% 30d
Ecolab (soap, detergents, cleang preparations, perfumes, cosmetics): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story.
- AWR American States Water
American States Water (water supply): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| PHO | -5.13% | -3.33% | base | -0.24% | after close | after close | after close |
| CGW | -2.28% | -2.55% | base | after close | after close | after close | after close |
| VGK | -1.15% | +0.07% | base | -0.55% | after close | after close | after close |
| AWK | -4.33% | -3.56% | base | -0.68% | after close | after close | after close |
| XYL | -4.56% | -6.69% | base | -1.04% | after close | after close | after close |
| ECL | -5.54% | -2.46% | base | -1.21% | after close | after close | after close |
| AWR | -2.62% | -3.00% | base | -0.95% | 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.
Heat and drought cost EU 1% of GDP in climate-driven 2026 shocks The Brussels Times
Source: The Brussels Times
Price since this story was published: Invesco Exchange Traded Fd T (PHO)
| Company | When | Move | Status |
|---|---|---|---|
| American Water Works (AWK) | that day | -0.68% | final price |
| American Water Works (AWK) | three days earlier | -3.56% | final price |
| American Water Works (AWK) | five days earlier | -4.33% | final price |
| American States Water (AWR) | that day | -0.95% | final price |
| American States Water (AWR) | three days earlier | -3.00% | final price |
| American States Water (AWR) | five days earlier | -2.62% | final price |
| Invesco Exch Traded Fd Tr Ii (CGW) | three days earlier | -2.55% | final price |
| Invesco Exch Traded Fd Tr Ii (CGW) | five days earlier | -2.28% | final price |
| Ecolab (ECL) | that day | -1.21% | final price |
| Ecolab (ECL) | three days earlier | -2.46% | final price |
| Ecolab (ECL) | five days earlier | -5.54% | final price |
| Invesco Exchange Traded Fd T (PHO) | that day | -0.24% | final price |
| Invesco Exchange Traded Fd T (PHO) | three days earlier | -3.33% | final price |
| Invesco Exchange Traded Fd T (PHO) | five days earlier | -5.13% | final price |
| Vanguard Intl Equity Index F (VGK) | that day | -0.55% | final price |
| Vanguard Intl Equity Index F (VGK) | three days earlier | +0.07% | final price |
| Vanguard Intl Equity Index F (VGK) | five days earlier | -1.15% | final price |
| Xylem (XYL) | that day | -1.04% | final price |
| Xylem (XYL) | three days earlier | -6.69% | final price |
| Xylem (XYL) | five days earlier | -4.56% | final price |
Congressional trades in the stocks in this story
- Rep. Rohit Khanna bought Xylem (XYL) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 39 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Xylem (XYL) (held by a dependent child), worth $1,001 - $15,000 on 11 Sep 2026. That is 53 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Ecolab (ECL) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 39 days before publication. Filed 7 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 Invesco Exchange Traded Fd T (PHO)
Companies carried with this story
- PHO Invesco Exchange Traded Fd T
Invesco Exchange Traded Fd T (PHO) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Heat and drought cost EU 1% of GDP in climate-driven 2026 shocks.” Reason on file: Invesco Water Resources ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story
- CGW Invesco Exch Traded Fd Tr Ii
Invesco Exch Traded Fd Tr Ii (CGW) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Heat and drought cost EU 1% of GDP in climate-driven 2026 shocks.” Reason on file: Invesco S&P Global Water Index ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story
- VGK Vanguard Intl Equity Index F
For “Heat and drought cost EU 1% of GDP in climate-driven 2026 shocks,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”)
- AWK American Water Works
For “Heat and drought cost EU 1% of GDP in climate-driven 2026 shocks,” American Water Works (AWK) is linked, with no stored direction, medium confidence. Reason on file: American Water Works (water supply): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story
- XYL Xylem
In “Heat and drought cost EU 1% of GDP in climate-driven 2026 shocks,” Xylem (XYL) is linked, with no stored direction, medium confidence. Reason on file: Xylem (pumps and pumping equipment): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story
- ECL Ecolab
In “Heat and drought cost EU 1% of GDP in climate-driven 2026 shocks,” Ecolab (ECL) is linked, with no stored direction, medium confidence. Reason on file: Ecolab (soap, detergents, cleang preparations, perfumes, cosmetics): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story
- AWR American States Water
American States Water (AWR) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Heat and drought cost EU 1% of GDP in climate-driven 2026 shocks.” Reason on file: American States Water (water supply): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story
Invesco Exchange Traded Fd T (PHO)
The 3 Nov 2026 story “Heat and drought cost EU 1% of GDP in climate-driven 2026 shocks” names Invesco Exchange Traded Fd T (PHO) because of this story.
What ties Invesco Exchange Traded Fd T (PHO) to the headline is this: Invesco Water Resources ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story
Also listed, Invesco Exch Traded Fd Tr Ii (CGW): Invesco S&P Global Water Index ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story
What the saved facts support for Invesco Exchange Traded Fd T (PHO)
46 out of 100
“Heat and drought cost EU 1% of GDP in climate-driven 2026 shocks” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.