Geopolitics Alpha

US GDP Surprises at 3.4% in Third Quarter, Inflation Stays at 3.6%

Published . Updated .

US GDP Surprises at 3.4% in Third Quarter, Inflation Stays at 3.6%

The US economy grew at a 3.4% annualized pace in the third quarter, according to the Commerce Department's first estimate

Directly affected

  • No company is named in this report.

Indirectly affected

  • TIP iShares TIPS Bond ETF-0.5% 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-4.0% 16d

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

  • WMT Walmart+11.3% 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+9.9% 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+8.3% 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+4.2% 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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TIP+0.07%+0.04%base+0.14%after closeafter closeafter close
XLPNo price data for this ticker———————
WMTNo price data for this ticker———————
COST+3.62%+2.30%base+1.17%after closeafter closeafter close
PGNo price data for this ticker———————
KONo price data for this ticker———————

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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

US GDP Surprises at 3.4% in Third Quarter, Inflation Stays at 3.6% La Voce di New York

Source: La Voce di New York

How far Ishares Tr (TIP) has moved since 29 Oct 2026

CompanyWhenMoveStatus
Costco Wholesale (COST)that day+1.17%still updating
Costco Wholesale (COST)three days earlier+2.30%final price
Costco Wholesale (COST)five days earlier+3.62%final price
Ishares Tr (TIP)that day+0.14%still updating
Ishares Tr (TIP)three days earlier+0.04%final price
Ishares Tr (TIP)five days earlier+0.07%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 Ishares Tr (TIP)

Companies mentioned with this story

  • TIP Ishares Tr

    For “US GDP Surprises at 3.4% in Third Quarter, Inflation Stays at 3.6%,” 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

    For “US GDP Surprises at 3.4% in Third Quarter, Inflation Stays at 3.6%,” 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

  • WMT Walmart

    In “US GDP Surprises at 3.4% in Third Quarter, Inflation Stays at 3.6%,” Walmart (WMT) is linked, with no stored direction, medium confidence. 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

    For “US GDP Surprises at 3.4% in Third Quarter, Inflation Stays at 3.6%,” 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

    Procter & Gamble (PG) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “US GDP Surprises at 3.4% in Third Quarter, Inflation Stays at 3.6%.” 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

    For “US GDP Surprises at 3.4% in Third Quarter, Inflation Stays at 3.6%,” Coca Cola (KO) is linked, with no stored direction, medium confidence. 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

Ishares Tr (TIP)

The 29 Oct 2026 story “US GDP Surprises at 3.4% in Third Quarter, Inflation Stays at 3.6%” names Ishares Tr (TIP) because of this story.

For Ishares Tr (TIP), the reason on file says 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 in the story, and the Ishares Tr (TIP) price range

TIP traded between 103.77 and 105.67 across 20 sessions. The latest close on file is 105.27. WMT traded between 103.39 and 122.40 across 20 sessions. The latest close on file is 118.86. XLP traded between 80.10 and 84.07 across 15 sessions. The latest close on file is 81.02.

How strong the case is around Ishares Tr (TIP)

46 out of 100Price not final

“US GDP Surprises at 3.4% in Third Quarter, Inflation Stays at 3.6%” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.