Geopolitics Alpha

Why the Markets Don’t Care About the Midterms

Published . Updated .

DEFENSEWhy the Markets Don’t Care Aboutthe MidtermsGEOPOLITICS ALPHA

Factors like inflation, interest rates, A.I. and the war with Iran are far more important, our columnist says.

Directly affected

  • No company is named in this report.

Indirectly affected

  • ITA iShares U.S. Aerospace & Defense ETF-3.0% 30d

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

  • XAR SPDR S&P Aerospace & Defense ETF-6.6% 30d

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

  • PPA Invesco Aerospace & Defense ETF-1.2% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ITANo price data for this ticker———————
XARNo price data for this ticker———————
PPANo 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.

Factors like inflation, interest rates, A.I. and the war with Iran are far more important, our columnist says.

Source: The New York Times

IShares U.S. Aerospace & Defense ETF (ITA) on one side of this defense story

Companies carried with this story

  • ITA IShares U.S. Aerospace & Defense ETF

    For “Why the Markets Don’t Care About the Midterms,” 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

  • XAR Spdr Series Trust

    For “Why the Markets Don’t Care About the Midterms,” Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story

  • PPA Invesco Aerospace & Defense Etf

    For “Why the Markets Don’t Care About the Midterms,” Invesco Aerospace & Defense Etf (PPA) is linked, with no stored direction, medium confidence. Reason on file: Invesco Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story

How “Why the Markets Don’t Care About the Midterms” reaches IShares U.S. Aerospace & Defense ETF (ITA)

IShares U.S. Aerospace & Defense ETF (ITA) is the company in “Why the Markets Don’t Care About the Midterms,” the 30 Oct 2026 Defense story.

IShares U.S. Aerospace & Defense ETF (ITA) is on the page because iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story

Spdr Series Trust (XAR) is here too. Its reason reads: SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story

What this defense story puts on the calendar

ITA traded between 197.59 and 215.76 across 20 sessions. The latest close on file is 209.72. PPA traded between 150.30 and 158.29 across 20 sessions. The latest close on file is 158.05. XAR traded between 210.89 and 237.55 across 20 sessions. The latest close on file is 227.38.

How solid “Why the Markets Don’t Care About the Midterms” looks

27 out of 100

“Why the Markets Don’t Care About the Midterms” scores 27 out of 100. The score uses 1 sources, and 3 linked companies.