Former President Trump Trial Set For March 4, 2024 In DOJ 2020 Election Case
Portfolio Pulse from Happy Mohamed
The trial for former President Trump in the Department of Justice's 2020 election case has been set for March 4, 2024. The news may impact the stocks of Digital World Acquisition Corp (DWAC) and SPDR S&P 500 ETF Trust (SPY).
August 28, 2023 | 3:28 pm
News sentiment analysis
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NEGATIVE IMPACT
The trial date for former President Trump may impact the stock price of Digital World Acquisition Corp (DWAC), a SPAC that is merging with Trump's social media venture.
The legal proceedings involving former President Trump could create uncertainty around his social media venture, potentially affecting the stock price of DWAC, the SPAC that is merging with it.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The trial date for former President Trump may cause volatility in the broader market, potentially impacting the SPDR S&P 500 ETF Trust (SPY).
Legal proceedings involving former President Trump could lead to market volatility, potentially affecting the performance of the SPY ETF, which tracks the S&P 500 index.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60