Geopolitics Alpha

Here’s what’s at stake for restaurants in the 2026 midterm elections

Published . Updated .

Here’s what’s at stake for restaurants in the 2026 midterm elections

Government Watch: All eyes are on the Democrats as they attempt to wrest control of Congress. Movement on tariffs, tip credit, and more will

Directly affected

  • No company is named in this report.

Indirectly affected

  • AAPL Apple+4.8%

    Sales and supply chains are exposed to a new tariff

  • NKE Nike+3.3%

    Sales and supply chains are exposed to a new tariff

  • CAT Caterpillar-14.0%

    Machinery exporters are exposed to China tariffs

  • DE Deere-7.2%

    Machinery exporters are exposed to China tariffs

  • FXI iShares China Large-Cap-6.9%

    A fund of large Chinese companies

  • KWEB KraneShares CSI China Internet-6.1%

    A fund of Chinese internet companies

  • BABA Alibaba-3.6%

    Chinese platforms are exposed to a tariff fight

  • QQQ Invesco QQQ-0.7%

    Big tech moves with a tariff fight

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
AAPLNo price data for this ticker———————
NKENo price data for this ticker———————
CATNo price data for this ticker———————
DENo price data for this ticker———————
FXINo price data for this ticker———————
KWEBNo price data for this ticker———————
BABANo price data for this ticker———————
QQQ+0.75%+1.80%base+0.37%after 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

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Here’s what’s at stake for restaurants in the 2026 midterm elections Restaurant Business Magazine

Source: Restaurant Business Magazine

This story

CompanyWhenMoveStatus
GLDthat day-0.80%still updating
GLDthree days earlier+2.33%final price
GLDfive days earlier+3.51%final price
QQQthat day+0.37%still updating
QQQthree days earlier+1.80%final price
QQQfive days earlier+0.75%final price
SPYthat day-0.19%still updating
SPYthree days earlier+0.66%final price
SPYfive days earlier-0.09%final price
TLTthat day-0.35%still updating
TLTthree days earlier-1.97%final price
TLTfive days earlier-2.07%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).

This story

12 out of 100Price not final

“Here’s what’s at stake for restaurants in the 2026 midterm elections” scores 12 out of 100. The score uses 1 sources. The price is not final yet.