Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000
Published . Updated .
Key takeaways
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U.S. October core CPI came in above expectations for a third straight month, and a barrage of hawkish comments from Federal Reserve officials prompted…
Directly affected
- No company is named in this report.
Indirectly affected
- TIP iShares TIPS Bond ETF+0.9% 18d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- XLP Consumer Staples Select Sector SPDR-0.8% 8d
Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- GLD SPDR Gold Shares-3.1% 18d
SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- TLT iShares 20+ Year Treasury Bond ETF+0.0% 18d
iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “federal reserve” (US interest rates) in this story.
- WMT Walmart+20.2% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- COST Costco Wholesale+17.1% 30d
Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- PG The Procter & Gamble+16.0% 30d
The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- KO The Coca-Cola+12.6% 30d
The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TIP | +0.93% | +0.72% | base | after close | after close | after close | after close |
| XLPNo price data for this ticker | — | — | — | — | — | — | — |
| GLD | +2.83% | +3.93% | base | after close | after close | after close | after close |
| TLTNo price data for this ticker | — | — | — | — | — | — | — |
| WMT | +1.59% | -0.08% | base | after close | after close | after close | after close |
| COST | -1.92% | -1.90% | base | after close | after close | after close | after close |
| PG | -0.34% | +0.44% | base | after close | after close | after close | after close |
| KONo price data for this ticker | — | — | — | — | — | — | — |
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.
Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000 BigGo Finance
Source: BigGo Finance
Spdr Gold Trust (GLD) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Costco Wholesale (COST) | three days earlier | -1.90% | final price |
| Costco Wholesale (COST) | five days earlier | -1.92% | final price |
| Spdr Gold Trust (GLD) | three days earlier | +3.93% | final price |
| Spdr Gold Trust (GLD) | five days earlier | +2.83% | final price |
| Procter & Gamble (PG) | three days earlier | +0.44% | final price |
| Procter & Gamble (PG) | five days earlier | -0.34% | final price |
| Ishares Tr (TIP) | three days earlier | +0.72% | final price |
| Ishares Tr (TIP) | five days earlier | +0.93% | final price |
| Walmart (WMT) | three days earlier | -0.08% | final price |
| Walmart (WMT) | five days earlier | +1.59% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Walmart (WMT) (held by a dependent child), worth $15,001 - $50,000 on 13 Oct 2026. That is 29 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 35 days before publication. Filed 5 Nov 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 40 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 29 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 12 Oct 2026. That is 30 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 35 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Maria Elvira Salazar bought Procter & Gamble (PG), worth $1,001 - $15,000 on 23 Oct 2026. That is 19 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. David J. Taylor sold Procter & Gamble (PG), worth $1,001 - $15,000 on 12 Oct 2026. That is 30 days before publication. Filed 15 Oct 2026. View the filing.
- Rep. Pete Sessions sold Procter & Gamble (PG), worth $1,001 - $15,000 on 8 Oct 2026. That is 34 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern bought Coca Cola (KO) (jointly held), worth $1,001 - $15,000 on 31 Aug 2026. That is 72 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought Newmont (NEM), worth $1,001 - $15,000 on 24 Aug 2026. That is 79 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 Spdr Gold Trust (GLD)
Companies carried with this story
- GLD Spdr Gold Trust
In “Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000,” Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence. Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
- GDX Vaneck Etf Trust
Vaneck Etf Trust (GDX) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000.” Reason on file: VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story
- TIP Ishares Tr
For “Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- NEM Newmont
For “Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000,” Newmont (NEM) is linked, with no stored direction, medium confidence. Reason on file: Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
- WMT Walmart
Walmart (WMT) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000.” Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- AEM Agnico Eagle Mines
Agnico Eagle Mines (AEM) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000.” Reason on file: Agnico Eagle Mines (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
- COST Costco Wholesale
For “Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- PG Procter & Gamble
Procter & Gamble (PG) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000.” Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
Spdr Gold Trust (GLD)
Spdr Gold Trust (GLD) is the company in “Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000,” the 11 Nov 2026 this story story.
Spdr Gold Trust (GLD) is on the page because SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
Vaneck Etf Trust (GDX) is here too. Its reason reads: VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story
Price levels for Spdr Gold Trust (GLD)
GDX traded between 78.92 and 89.70 across 20 sessions. The latest close on file is 83.13. GLD traded between 373.41 and 385.21 across 16 sessions. The latest close on file is 379.67. TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27.
How strong the case is around Spdr Gold Trust (GLD)
46 out of 100
“Inflation Can't Extinguish the Hawks: Wall Street Giants Move in Lockstep to Raise Rate-Hike Path, Gold Loses $4,000” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.