'Robert F Kennedy Jr Announces Independent Run For President In Move To Abandon Democratic Candidacy' - The Guardian
Portfolio Pulse from Benzinga Newsdesk
Robert F. Kennedy Jr has announced his decision to run for US president as an independent candidate, abandoning his previous run for the Democrat nomination. This move could potentially impact the political landscape and indirectly affect the stock market.
October 09, 2023 | 4:44 pm
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NEUTRAL IMPACT
Robert F. Kennedy Jr's independent presidential run could introduce uncertainty into the political landscape, potentially affecting the SPY ETF.
Political events can introduce uncertainty into the market, which can affect ETFs like SPY. However, the direct impact of Kennedy's announcement on SPY is uncertain at this stage.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50