Morning Business Report: Stocks surge after midterm elections as defense shares fall and mortgage demand declines
Published . Updated .
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This report is about defense and real estate.
Directly affected
- No company is named in this report.
Indirectly affected
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “defense” (defense) in this story.
- XAR SPDR S&P Aerospace & Defense ETF-4.4% 30d
SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “defense” (defense) in this story.
- XLRE Real Estate Select Sector SPDR+2.7% 30d
Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story.
- PLD Prologis-3.7% 30d
Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story.
- DHI D.R. Horton+11.9% 30d
D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story.
- LEN Lennar+5.6% 30d
Lennar (general bldg contractors - residential bldgs): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story.
- WELL Welltower+6.1% 30d
Welltower (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| ITA | +0.76% | +0.87% | base | -2.76% | after close | after close | after close |
| XAR | +4.35% | +2.37% | base | -3.94% | after close | after close | after close |
| XLRE | -4.53% | -3.24% | base | -1.26% | after close | after close | after close |
| PLD | -2.56% | -1.30% | base | -0.53% | after close | after close | after close |
| DHI | -6.73% | -2.62% | base | -0.84% | after close | after close | after close |
| LEN | -7.29% | -1.25% | base | -1.21% | after close | after close | after close |
| WELL | -5.95% | -3.59% | base | -0.21% | 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.
Morning Business Report: Stocks surge after midterm elections as defense shares fall and mortgage demand declines 41NBC News
Source: 41NBC News
This story
| Company | When | Move | Status |
|---|---|---|---|
| DHI | that day | -0.84% | still updating |
| DHI | three days earlier | -2.62% | final price |
| DHI | five days earlier | -6.73% | final price |
| ITA | that day | -2.76% | still updating |
| ITA | three days earlier | +0.87% | final price |
| ITA | five days earlier | +0.76% | final price |
| LEN | that day | -1.21% | still updating |
| LEN | three days earlier | -1.25% | final price |
| LEN | five days earlier | -7.29% | final price |
| PLD | that day | -0.53% | still updating |
| PLD | three days earlier | -1.30% | final price |
| PLD | five days earlier | -2.56% | final price |
| WELL | that day | -0.21% | still updating |
| WELL | three days earlier | -3.59% | final price |
| WELL | five days earlier | -5.95% | final price |
| XAR | that day | -3.94% | still updating |
| XAR | three days earlier | +2.37% | final price |
| XAR | five days earlier | +4.35% | final price |
| XLRE | that day | -1.26% | still updating |
| XLRE | three days earlier | -3.24% | final price |
| XLRE | five days earlier | -4.53% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. David J. Taylor bought Prologis (PLD), worth $1,001 - $15,000 on 15 Oct 2026. That is 21 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Prologis (PLD) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Prologis (PLD) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 55 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Horton D R (DHI), worth $15,001 - $50,000 on 17 Aug 2026. That is 80 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Lennar (LEN) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Lennar (LEN) (held by a dependent child), worth $1,001 - $15,000 on 11 Sep 2026. That is 55 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Lennar (LEN), worth $15,001 - $50,000 on 28 Aug 2026. That is 69 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).
This story
12 out of 100Price not final
“Morning Business Report: Stocks surge after midterm elections as defense shares fall and mortgage demand declines” scores 12 out of 100. The score uses 1 sources. The price is not final yet.