U.S. House Speaker McCarthy Denies Deal With Trump To Expunge Impeachments
Portfolio Pulse from Happy Mohamed
U.S. House Speaker Kevin McCarthy has denied making a deal with former President Donald Trump to expunge his impeachments. This news comes amid ongoing political tensions within the U.S.
July 20, 2023 | 2:42 pm
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NEUTRAL IMPACT
The news about U.S. House Speaker Kevin McCarthy denying a deal with Trump to expunge his impeachments may not have a direct impact on SPY as it is more related to political events rather than economic or financial ones.
The news is more related to political events and does not directly pertain to economic or financial factors that could affect the SPY ETF. Therefore, the relevance and importance scores are low. The confidence score is relatively high as the connection between political news and stock market performance is often indirect and uncertain.
CONFIDENCE 80
IMPORTANCE 10
RELEVANCE 10