Geopolitics Alpha

Morning Business Report: Stocks fall amid midterm election results as Disney plans thousands of layoffs

Published . Updated .

Key takeaways

  • Stocks decline as midterm results roll in, Disney plans thousands of layoffs, Gen X faces retirement concerns and McDonald's introduces holiday drinks.
  • Exposed: DIA, QQQ, IWM, RSP, VTI
  • Market reaction: DIA +3.0% on the day (still updating); QQQ +1.4% on the day (still updating); RSP +1.7% on the day (still updating)

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Morning Business Report: Stocks fall amid midterm election results as Disney plans thousands of layoffs

Stocks decline as midterm results roll in, Disney plans thousands of layoffs, Gen X faces retirement concerns and McDonald's introduces holiday drinks.

Directly affected

  • DIS Walt Disney+10.4% 30d

    Named in this report.

  • MCD Mcdonalds

    Named in this report.

Indirectly affected

  • DIA SPDR Dow Jones Industrial Average ETF+0.1% 30d

    SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.

  • QQQ Invesco QQQ-9.8% 30d

    Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.

  • XLY Consumer Discretionary Select Sector SPDR+5.7% 30d

    Consumer Discretionary Select Sector SPDR holds the consumer sector that The Walt Disney belongs to, so it often moves with news about it.

  • DKNG DraftKings-22.3% 10d

    DraftKings is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.

  • MSGS Madison Square Garden Sports-4.3% 14d

    Madison Square Garden Sports is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.

  • MTN Vail Resorts+9.5% 18d

    Vail Resorts is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.

  • RSI Rush Street Interactive-39.0% 30d

    Rush Street Interactive is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.

  • MSGE Madison Square Garden Entertainment-0.7% 8d

    Madison Square Garden Entertainment is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
DIS-4.54%-2.85%base+4.88%after closeafter closeafter close
MCDNo price data for this ticker———————
DIA+1.47%-0.00%base+2.96%after closeafter closeafter close
QQQ+5.88%+0.76%base+1.37%after closeafter closeafter close
XLY-1.73%-1.67%base+4.38%after closeafter closeafter close
DKNG-7.43%-4.65%base+8.29%after closeafter closeafter close
MSGSNo price data for this ticker———————
MTN-1.16%-0.97%base+4.75%after closeafter closeafter close
RSI+20.65%-3.35%base-1.91%after closeafter closeafter close
MSGE-0.55%+0.84%base+0.91%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.

Morning Business Report: Stocks fall amid midterm election results as Disney plans thousands of layoffs 41NBC News

Source: 41NBC News

Spdr Dow Jones Industrial Average Etf Trust (DIA) since this story, compared with the market

CompanyWhenMoveStatus
Spdr Dow Jones Industrial Average Etf Trust (DIA)that day+2.96%still updating
Spdr Dow Jones Industrial Average Etf Trust (DIA)three days earlier-0.00%final price
Spdr Dow Jones Industrial Average Etf Trust (DIA)five days earlier+1.47%final price
DISthat day+4.88%still updating
DISthree days earlier-2.85%final price
DISfive days earlier-4.54%final price
DKNGthat day+8.29%still updating
DKNGthree days earlier-4.65%final price
DKNGfive days earlier-7.43%final price
MSGEthat day+0.91%still updating
MSGEthree days earlier+0.84%final price
MSGEfive days earlier-0.55%final price
MTNthat day+4.75%still updating
MTNthree days earlier-0.97%final price
MTNfive days earlier-1.16%final price
Invesco Qqq Trust, Series 1 (QQQ)that day+1.37%still updating
Invesco Qqq Trust, Series 1 (QQQ)three days earlier+0.76%final price
Invesco Qqq Trust, Series 1 (QQQ)five days earlier+5.88%final price
RSIthat day-1.91%still updating
RSIthree days earlier-3.35%final price
RSIfive days earlier+20.65%final price
XLYthat day+4.38%still updating
XLYthree days earlier-1.67%final price
XLYfive days earlier-1.73%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 Spdr Dow Jones Industrial Average Etf Trust (DIA)

Companies tied to this story

  • DIA Spdr Dow Jones Industrial Average Etf Trust

    For “Morning Business Report: Stocks fall amid midterm election results as Disney plans thousands of layoffs,” Spdr Dow Jones Industrial Average Etf Trust (DIA) is linked, with no stored direction, medium confidence. Reason on file: SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

  • QQQ Invesco Qqq Trust, Series 1

    In “Morning Business Report: Stocks fall amid midterm election results as Disney plans thousands of layoffs,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

  • IWM Ishares Tr

    Ishares Tr (IWM) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Morning Business Report: Stocks fall amid midterm election results as Disney plans thousands of layoffs.” Reason on file: iShares Russell 2000 ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

  • RSP Invesco Exchange Traded Fd T

    In “Morning Business Report: Stocks fall amid midterm election results as Disney plans thousands of layoffs,” Invesco Exchange Traded Fd T (RSP) is linked, with no stored direction, medium confidence. Reason on file: Invesco S&P 500 Equal Weight ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

  • VTI Vanguard Index Fds

    For “Morning Business Report: Stocks fall amid midterm election results as Disney plans thousands of layoffs,” Vanguard Index Fds (VTI) is linked, with no stored direction, medium confidence. Reason on file: Vanguard Total Stock Market ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

Spdr Dow Jones Industrial Average Etf Trust (DIA)

The 4 Nov 2026 story “Morning Business Report: Stocks fall amid midterm election results as Disney plans thousands of layoffs” names Spdr Dow Jones Industrial Average Etf Trust (DIA) because of this story.

The link for Spdr Dow Jones Industrial Average Etf Trust (DIA) is this: SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

Invesco Qqq Trust, Series 1 (QQQ) is here too. Its reason reads: Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

Dates and price levels for Spdr Dow Jones Industrial Average Etf Trust (DIA)

DIA traded between 504.92 and 522.62 across 18 sessions. The latest close on file is 515.65. IWM traded between 269.88 and 285.25 across 20 sessions. The latest close on file is 279.20. QQQ traded between 680.34 and 757.18 across 20 sessions. The latest close on file is 685.32.

A simple score for Spdr Dow Jones Industrial Average Etf Trust (DIA)

40 out of 100Price not final

“Morning Business Report: Stocks fall amid midterm election results as Disney plans thousands of layoffs” scores 40 out of 100. The score uses 1 sources, and 5 linked companies. The price is not final yet.