President Biden Says Will Try To Work With Whoever Becomes House Speaker
Portfolio Pulse from Benzinga Newsdesk
President Biden has stated that he will work with whoever becomes the next House Speaker. The statement was made in response to questions about potential changes in the House leadership.
October 06, 2023 | 4:31 pm
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NEUTRAL IMPACT
President Biden's statement about working with the next House Speaker may have indirect implications for the SPY ETF, as changes in political leadership can influence market sentiment.
While the SPY ETF is not directly mentioned, changes in political leadership and the resulting policy shifts can influence market sentiment and, by extension, the performance of broad market ETFs like SPY. However, the impact is indirect and uncertain, hence the neutral score.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50