On Election Day, retail experts say economic uncertainty is already reshaping prices and inventory
Published . Updated .
Covered by 11 outlets: Scripps News, WTVR.com, WXYZ Channel 7, News Channel 5 Nashville, WTKR, KZTV10 and 5 more.
Key takeaways
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This report is about retail and consumer goods.
Directly affected
- No company is named in this report.
Indirectly affected
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds retailers. Linked by “retail” (retail and consumer goods) in this story.
- XLY Consumer Discretionary Select Sector SPDR+6.6% 30d
Consumer Discretionary Select Sector SPDR: it holds retailers. Linked by “retail” (retail and consumer goods) in this story.
- WMT Walmart+16.0% 30d
Walmart (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story.
- AMZN Amazon.com-3.6% 30d
Amazon.com (catalog and mail-order houses): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story.
- COST Costco Wholesale+15.7% 30d
Costco Wholesale (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story.
- TGT Target+2.6% 30d
Target (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XRT | -3.55% | -1.68% | base | -1.16% | after close | after close | after close |
| XLY | -2.29% | -1.67% | base | -0.91% | after close | after close | after close |
| WMT | -6.59% | -5.06% | base | -2.03% | after close | after close | after close |
| AMZN | +3.01% | -0.81% | base | +0.37% | after close | after close | after close |
| COST | -4.67% | -4.31% | base | -1.92% | after close | after close | after close |
| TGT | -6.63% | -4.21% | base | -2.42% | 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.
On Election Day, retail experts say economic uncertainty is already reshaping prices and inventory Scripps News
Source: Scripps News
Spdr Series Trust (XRT) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Amazon Com (AMZN) | that day | +0.37% | still updating |
| Amazon Com (AMZN) | three days earlier | -0.81% | final price |
| Amazon Com (AMZN) | five days earlier | +3.01% | final price |
| Costco Wholesale (COST) | that day | -1.92% | still updating |
| Costco Wholesale (COST) | three days earlier | -4.31% | final price |
| Costco Wholesale (COST) | five days earlier | -4.67% | final price |
| Target (TGT) | that day | -2.42% | still updating |
| Target (TGT) | three days earlier | -4.21% | final price |
| Target (TGT) | five days earlier | -6.63% | final price |
| Walmart (WMT) | that day | -2.03% | still updating |
| Walmart (WMT) | three days earlier | -5.06% | final price |
| Walmart (WMT) | five days earlier | -6.59% | final price |
| Select Sector Spdr Tr (XLY) | that day | -0.91% | still updating |
| Select Sector Spdr Tr (XLY) | three days earlier | -1.67% | final price |
| Select Sector Spdr Tr (XLY) | five days earlier | -2.29% | final price |
| Spdr Series Trust (XRT) | that day | -1.16% | still updating |
| Spdr Series Trust (XRT) | three days earlier | -1.68% | final price |
| Spdr Series Trust (XRT) | five days earlier | -3.55% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 32 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 36 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 39 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN), worth $15,001 - $50,000 on 27 Oct 2026. That is 7 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN) (held by a spouse), worth $100,001 - $250,000 on 2 Oct 2026. That is 32 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Amazon Com (AMZN) (held by a spouse), worth $1,001 - $15,000 on 28 Aug 2026. That is 67 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 21 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 32 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 25 Sep 2026. That is 39 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Target (TGT) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 60 days before publication. Filed 7 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 Series Trust (XRT)
Companies mentioned with this story
- XRT Spdr Series Trust
Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “On Election Day, retail experts say economic uncertainty is already reshaping prices and inventory.” Reason on file: SPDR S&P Retail ETF: it holds retailers. Linked by “retail” (retail and consumer goods) in this story
- XLY Select Sector Spdr Tr
Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “On Election Day, retail experts say economic uncertainty is already reshaping prices and inventory.” Reason on file: Consumer Discretionary Select Sector SPDR: it holds retailers. Linked by “retail” (retail and consumer goods) in this story
- WMT Walmart
For “On Election Day, retail experts say economic uncertainty is already reshaping prices and inventory,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story
- AMZN Amazon Com
In “On Election Day, retail experts say economic uncertainty is already reshaping prices and inventory,” 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 “retail” (retail and consumer goods) in this story
- COST Costco Wholesale
Costco Wholesale (COST) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “On Election Day, retail experts say economic uncertainty is already reshaping prices and inventory.” Reason on file: Costco Wholesale (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story
- TGT Target
For “On Election Day, retail experts say economic uncertainty is already reshaping prices and inventory,” Target (TGT) is linked, with no stored direction, medium confidence. Reason on file: Target (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story
Spdr Series Trust (XRT)
Spdr Series Trust (XRT) is the company in “On Election Day, retail experts say economic uncertainty is already reshaping prices and inventory,” the 3 Nov 2026 this story story.
What ties Spdr Series Trust (XRT) to the headline is this: SPDR S&P Retail ETF: it holds retailers. Linked by “retail” (retail and consumer goods) in this story
Also listed, Select Sector Spdr Tr (XLY): Consumer Discretionary Select Sector SPDR: it holds retailers. Linked by “retail” (retail and consumer goods) in this story
Dates in the story, and the Spdr Series Trust (XRT) price range
WMT traded between 104.49 and 127.91 across 20 sessions. The latest close on file is 127.71. XLY traded between 110.58 and 119.20 across 20 sessions. The latest close on file is 118.15.
A simple score for Spdr Series Trust (XRT)
100 out of 100Price not final
“On Election Day, retail experts say economic uncertainty is already reshaping prices and inventory” scores 100 out of 100. The score uses 11 sources, and 6 linked companies. The price is not final yet.