Geopolitics Alpha

Wall Street Soars as Investors Dump Trump and MAGA-Linked Stocks

Published . Updated .

Key takeaways

  • Trump Media, SpaceX, and Tesla all took a big hit Wednesday morning.
  • Exposed: DIA, QQQ, IWM, RSP, VTI
  • Market reaction: DIA +3.1% on the day; QQQ +0.9% on the day; RSP +1.9% on the day

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Wall Street Soars as Investors Dump Trump and MAGA-Linked Stocks

Trump Media, SpaceX, and Tesla all took a big hit Wednesday morning.

Directly affected

  • SPCX Space Exploration Technologies-12.0% 19d

    Named in this report.

  • TSLA Tesla+4.7% 30d

    Named in this report.

Indirectly affected

  • DIA SPDR Dow Jones Industrial Average ETF-0.5% 30d

    SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.

  • QQQ Invesco QQQ-9.8% 30d

    Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story.

  • XLI Industrial Select Sector SPDR-0.3% 30d

    Industrial Select Sector SPDR holds the industrials sector that Space Exploration Technologies belongs to, so it often moves with news about it.

  • LMT Lockheed Martin+21.8% 30d

    Lockheed Martin is a peer of Space Exploration Technologies in guided missiles and space vehicles and parts; rivals often move on the same news.

  • RKLB Rocket Lab-22.5% 30d

    Rocket Lab is a peer of Space Exploration Technologies in guided missiles and space vehicles and parts; rivals often move on the same news.

  • KTOS Kratos Defense & Security Solutions-13.3% 30d

    Kratos Defense & Security Solutions is a peer of Space Exploration Technologies in guided missiles and space vehicles and parts; rivals often move on the same news.

  • MDA MDA Space-2.9% 13d

    MDA Space is a peer of Space Exploration Technologies in guided missiles and space vehicles and parts; rivals often move on the same news.

  • FLY Firefly Aerospace-22.3% 30d

    Firefly Aerospace is a peer of Space Exploration Technologies in guided missiles and space vehicles and parts; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SPCX+2.74%-4.71%base-3.87%after closeafter closeafter close
TSLA+1.54%+0.40%base-3.06%after closeafter closeafter close
DIA+1.47%-0.00%base+3.10%after closeafter closeafter close
QQQ+5.88%+0.76%base+0.93%after closeafter closeafter close
XLI-1.66%-2.29%base-1.11%after closeafter closeafter close
LMT-1.51%-0.41%base-7.03%after closeafter closeafter close
RKLB+7.59%+0.49%base-3.90%after closeafter closeafter close
KTOS+0.48%+0.24%base-12.34%after closeafter closeafter close
MDA+7.28%-0.37%base-4.08%after closeafter closeafter close
FLY+16.77%+5.38%base+0.97%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.

Wall Street Soars as Investors Dump Trump and MAGA-Linked Stocks The Daily Beast

Source: The Daily Beast

Spdr Dow Jones Industrial Average Etf Trust (DIA) since this story, compared with the market

CompanyWhenMoveStatus
Spdr Dow Jones Industrial Average Etf Trust (DIA)that day+3.10%final price
Spdr Dow Jones Industrial Average Etf Trust (DIA)three days earlier-0.00%final price
Spdr Dow Jones Industrial Average Etf Trust (DIA)five days earlier+1.47%final price
FLYthat day+0.97%final price
FLYthree days earlier+5.38%final price
FLYfive days earlier+16.77%final price
KTOSthat day-12.34%final price
KTOSthree days earlier+0.24%final price
KTOSfive days earlier+0.48%final price
LMTthat day-7.03%final price
LMTthree days earlier-0.41%final price
LMTfive days earlier-1.51%final price
MDAthat day-4.08%final price
MDAthree days earlier-0.37%final price
MDAfive days earlier+7.28%final price
Invesco Qqq Trust, Series 1 (QQQ)that day+0.93%final price
Invesco Qqq Trust, Series 1 (QQQ)three days earlier+0.76%final price
Invesco Qqq Trust, Series 1 (QQQ)five days earlier+5.88%final price
RKLBthat day-3.90%final price
RKLBthree days earlier+0.49%final price
RKLBfive days earlier+7.59%final price
SPCXthat day-3.87%final price
SPCXthree days earlier-4.71%final price
SPCXfive days earlier+2.74%final price
TSLAthat day-3.06%final price
TSLAthree days earlier+0.40%final price
TSLAfive days earlier+1.54%final price
XLIthat day-1.11%final price
XLIthree days earlier-2.29%final price
XLIfive days earlier-1.66%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 Spdr Dow Jones Industrial Average Etf Trust (DIA)

Companies carried with this story

  • DIA Spdr Dow Jones Industrial Average Etf Trust

    In “Wall Street Soars as Investors Dump Trump and MAGA-Linked Stocks,” Spdr Dow Jones Industrial Average Etf Trust (DIA) is linked, with no stored direction, medium confidence. Reason on file: SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

  • QQQ Invesco Qqq Trust, Series 1

    In “Wall Street Soars as Investors Dump Trump and MAGA-Linked Stocks,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

  • IWM Ishares Tr

    For “Wall Street Soars as Investors Dump Trump and MAGA-Linked Stocks,” Ishares Tr (IWM) is linked, with no stored direction, medium confidence. Reason on file: iShares Russell 2000 ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

  • RSP Invesco Exchange Traded Fd T

    Invesco Exchange Traded Fd T (RSP) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Wall Street Soars as Investors Dump Trump and MAGA-Linked Stocks.” Reason on file: Invesco S&P 500 Equal Weight ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

  • VTI Vanguard Index Fds

    In “Wall Street Soars as Investors Dump Trump and MAGA-Linked Stocks,” Vanguard Index Fds (VTI) is linked, with no stored direction, medium confidence. Reason on file: Vanguard Total Stock Market ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

Spdr Dow Jones Industrial Average Etf Trust (DIA)

“Wall Street Soars as Investors Dump Trump and MAGA-Linked Stocks” (4 Nov 2026) reaches Spdr Dow Jones Industrial Average Etf Trust (DIA) through this story.

The link for Spdr Dow Jones Industrial Average Etf Trust (DIA) is this: SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

A second company, Invesco Qqq Trust, Series 1 (QQQ), is listed for a different reason: Invesco QQQ: it is a broad US stock-market fund. Linked by “stocks” (the broad US market) in this story

Dates in the story, and the Spdr Dow Jones Industrial Average Etf Trust (DIA) price range

DIA traded between 504.92 and 522.62 across 18 sessions. The latest close on file is 515.65. IWM traded between 269.88 and 285.25 across 20 sessions. The latest close on file is 279.20. QQQ traded between 680.34 and 757.18 across 20 sessions. The latest close on file is 685.32.

What the saved facts support for Spdr Dow Jones Industrial Average Etf Trust (DIA)

40 out of 100

“Wall Street Soars as Investors Dump Trump and MAGA-Linked Stocks” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.