U.S. House Of Representatives Votes To Oust Speaker McCarthy
Portfolio Pulse from Bill Haddad
The U.S. House of Representatives has voted to oust Speaker McCarthy. This political event may have indirect effects on the stock market.
October 03, 2023 | 8:47 pm
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NEUTRAL IMPACT
The ousting of Speaker McCarthy may cause uncertainty in the market, potentially affecting the SPY ETF.
Political events can often lead to market uncertainty. The ousting of Speaker McCarthy is a significant political event that could lead to such uncertainty. While the SPY ETF is not directly linked to this event, it could be indirectly affected due to its broad exposure to the U.S. stock market.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50