Geopolitics Alpha

October CPI report shows consumer prices rising 0.4% as inflation remains high

Published . Updated .

Key takeaways

  • Consumer prices rose 0.4% in October, fueling inflation worries.
  • Exposed: TIP, XLP, XRT, WMT, COST
  • Market reaction: TIP −0.6% on the day (still updating); XLP −0.6% on the day (still updating); AMZN +2.0% on the day (still updating)

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October CPI report shows consumer prices rising 0.4% as inflation remains high

Consumer prices rose 0.4% in October, fueling inflation worries. Host Stuart Varney discusses the implications of the latest CPI report with National Economic Council director Kevin Hassett.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TIP iShares TIPS Bond ETF-0.3% 30d

    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-2.0% 10d

    Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) 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+15.3% 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+13.4% 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+10.5% 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.

  • AMZN Amazon.com+8.2% 30d

    Amazon.com (catalog and mail-order houses): retailers move with shopper spending and import costs. Linked by “consumer” (retail and consumer goods) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TIP+0.06%+0.20%base-0.64%after closeafter closeafter close
XLP-2.12%+0.44%base-0.64%after closeafter closeafter close
XRT-4.28%-1.83%base-1.02%after closeafter closeafter close
WMT-0.64%+1.67%base-0.41%after closeafter closeafter close
COST-4.41%-0.01%base-0.63%after closeafter closeafter close
PG-3.76%-0.78%base-0.31%after closeafter closeafter close
KO-1.30%-0.28%base-0.02%after closeafter closeafter close
AMZN-6.07%-2.36%base+1.97%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.

October CPI report shows consumer prices rising 0.4% as inflation remains high Fox Business

Source: Fox Business

Ishares Tr (TIP) since this story, compared with the market

CompanyWhenMoveStatus
Amazon Com (AMZN)that day+1.97%still updating
Amazon Com (AMZN)three days earlier-2.36%final price
Amazon Com (AMZN)five days earlier-6.07%final price
Costco Wholesale (COST)that day-0.63%still updating
Costco Wholesale (COST)three days earlier-0.01%final price
Costco Wholesale (COST)five days earlier-4.41%final price
Coca Cola (KO)that day-0.02%still updating
Coca Cola (KO)three days earlier-0.28%final price
Coca Cola (KO)five days earlier-1.30%final price
Procter & Gamble (PG)that day-0.31%still updating
Procter & Gamble (PG)three days earlier-0.78%final price
Procter & Gamble (PG)five days earlier-3.76%final price
Ishares Tr (TIP)that day-0.64%still updating
Ishares Tr (TIP)three days earlier+0.20%final price
Ishares Tr (TIP)five days earlier+0.06%final price
Walmart (WMT)that day-0.41%still updating
Walmart (WMT)three days earlier+1.67%final price
Walmart (WMT)five days earlier-0.64%final price
Select Sector Spdr Tr (XLP)that day-0.64%still updating
Select Sector Spdr Tr (XLP)three days earlier+0.44%final price
Select Sector Spdr Tr (XLP)five days earlier-2.12%final price
Spdr Series Trust (XRT)that day-1.02%still updating
Spdr Series Trust (XRT)three days earlier-1.83%final price
Spdr Series Trust (XRT)five days earlier-4.28%final price

Congressional trades 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 Ishares Tr (TIP)

Companies mentioned with this story

  • TIP Ishares Tr

    For “October CPI report shows consumer prices rising 0.4% as inflation remains high,” 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

  • XLP Select Sector Spdr Tr

    In “October CPI report shows consumer prices rising 0.4% as inflation remains high,” Select Sector Spdr Tr (XLP) is linked, with no stored direction, medium confidence. Reason on file: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • XRT Spdr Series Trust

    In “October CPI report shows consumer prices rising 0.4% as inflation remains high,” Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story

  • WMT Walmart

    Walmart (WMT) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “October CPI report shows consumer prices rising 0.4% as inflation remains high.” 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

  • COST Costco Wholesale

    In “October CPI report shows consumer prices rising 0.4% as inflation remains high,” 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

    In “October CPI report shows consumer prices rising 0.4% as inflation remains high,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. 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

  • KO Coca Cola

    Coca Cola (KO) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “October CPI report shows consumer prices rising 0.4% as inflation remains high.” Reason on file: 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

  • AMZN Amazon Com

    In “October CPI report shows consumer prices rising 0.4% as inflation remains high,” Amazon Com (AMZN) is linked, with no stored direction, medium confidence. Reason on file: Amazon.com (catalog and mail-order houses): retailers move with shopper spending and import costs. Linked by “consumer” (retail and consumer goods) in this story

Ishares Tr (TIP)

The 10 Nov 2026 story “October CPI report shows consumer prices rising 0.4% as inflation remains high” names Ishares Tr (TIP) because of this story.

What ties Ishares Tr (TIP) to the headline is this: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

A second company, Select Sector Spdr Tr (XLP), is listed for a different reason: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

Dates and price levels for Ishares Tr (TIP)

TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27. XLP traded between 80.10 and 82.50 across 6 sessions. The latest close on file is 81.02.

What the saved facts support for Ishares Tr (TIP)

46 out of 100Price not final

“October CPI report shows consumer prices rising 0.4% as inflation remains high” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.