Geopolitics Alpha

Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?

Published . Updated .

Key takeaways

  • Exposed: XLI, XRT, IAI, ITA, CBOE
  • Market reaction: price tracking starts with the next trading session.

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Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?

This report is about tariffs and trade and exchanges and trading.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLI Industrial Select Sector SPDR-0.3% 30d

    Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF

    iShares U.S. Broker-Dealers & Securities Exchanges ETF: it holds exchanges and brokers. Linked by “prediction market” (exchanges and trading) in this story.

  • ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.

  • CBOE Cboe Global Markets+32.5% 30d

    Cboe Global Markets (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “prediction market” (exchanges and trading) in this story.

  • HOOD Robinhood Markets-30.5% 30d

    Robinhood Markets (security brokers, dealers and flotation companies): exchanges and brokers earn more when trading activity grows. Linked by “prediction market” (exchanges and trading) in this story.

  • CAT Caterpillar-31.9% 30d

    Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • CME CME Group+3.6% 14d

    CME Group (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “prediction market” (exchanges and trading) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLI+4.34%+4.15%baseafter closeafter closeafter closeafter close
XRT+1.17%+4.73%baseafter closeafter closeafter closeafter close
IAI+1.09%+4.45%baseafter closeafter closeafter closeafter close
ITA+3.67%+2.77%baseafter closeafter closeafter closeafter close
CBOE-0.97%-2.19%baseafter closeafter closeafter closeafter close
HOOD+3.59%+8.08%baseafter closeafter closeafter closeafter close
CAT+9.84%+5.82%baseafter closeafter closeafter closeafter close
CME+0.11%+0.73%baseafter closeafter 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.

Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP? Knewz

Source: Knewz

The price since 7 Nov 2026: Select Sector Spdr Tr (XLI) versus the S&P 500

CompanyWhenMoveStatus
Caterpillar (CAT)three days earlier+5.82%final price
Caterpillar (CAT)five days earlier+9.84%final price
Cboe Global Markets (CBOE)three days earlier-2.19%final price
Cboe Global Markets (CBOE)five days earlier-0.97%final price
Cme Group (CME)three days earlier+0.73%final price
Cme Group (CME)five days earlier+0.11%final price
Robinhood Markets (HOOD)three days earlier+8.08%final price
Robinhood Markets (HOOD)five days earlier+3.59%final price
Ishares Tr (IAI)three days earlier+4.45%final price
Ishares Tr (IAI)five days earlier+1.09%final price
IShares U.S. Aerospace & Defense ETF (ITA)three days earlier+2.77%final price
IShares U.S. Aerospace & Defense ETF (ITA)five days earlier+3.67%final price
Select Sector Spdr Tr (XLI)three days earlier+4.15%final price
Select Sector Spdr Tr (XLI)five days earlier+4.34%final price
Spdr Series Trust (XRT)three days earlier+4.73%final price
Spdr Series Trust (XRT)five days earlier+1.17%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).

Companies in defense around Select Sector Spdr Tr (XLI)

Companies tied to this story

  • XLI Select Sector Spdr Tr

    In “Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?,” Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence. Reason on file: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

  • XRT Spdr Series Trust

    Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?.” Reason on file: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

  • IAI Ishares Tr

    In “Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?,” Ishares Tr (IAI) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Broker-Dealers & Securities Exchanges ETF: it holds exchanges and brokers. Linked by “prediction market” (exchanges and trading) in this story

  • ITA IShares U.S. Aerospace & Defense ETF

    For “Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story

  • CBOE Cboe Global Markets

    In “Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?,” Cboe Global Markets (CBOE) is linked, with no stored direction, medium confidence. Reason on file: Cboe Global Markets (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “prediction market” (exchanges and trading) in this story

  • HOOD Robinhood Markets

    For “Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?,” Robinhood Markets (HOOD) is linked, with no stored direction, medium confidence. Reason on file: Robinhood Markets (security brokers, dealers and flotation companies): exchanges and brokers earn more when trading activity grows. Linked by “prediction market” (exchanges and trading) in this story

  • CAT Caterpillar

    For “Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?,” Caterpillar (CAT) is linked, with no stored direction, medium confidence. Reason on file: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

  • CME Cme Group

    For “Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?,” Cme Group (CME) is linked, with no stored direction, medium confidence. Reason on file: CME Group (security and commodity brokers, dealers, exchanges and services): exchanges and brokers earn more when trading activity grows. Linked by “prediction market” (exchanges and trading) in this story

Select Sector Spdr Tr (XLI) and the defense link

Select Sector Spdr Tr (XLI) is the company in “Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?,” the 7 Nov 2026 Defense story.

Select Sector Spdr Tr (XLI) is on the page because Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

Spdr Series Trust (XRT) is here too. Its reason reads: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

Price levels for Select Sector Spdr Tr (XLI)

XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.

A simple score for Select Sector Spdr Tr (XLI)

46 out of 100

“Prediction markets weigh in: Was it the Iran war, tariffs or immigration that sank the GOP?” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.