U.S. House Will Not Vote On Speaker On Wednesday
Portfolio Pulse from Benzinga Newsdesk
The U.S. House of Representatives will not be voting on a Speaker on Wednesday, according to a report by Reuters citing CNN. The news may have implications on the political climate and potentially influence market sentiment.
October 11, 2023 | 6:33 pm
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NEUTRAL IMPACT
The news about the U.S. House not voting on a Speaker may influence market sentiment and potentially impact the SPY ETF, which tracks the S&P 500 and is sensitive to U.S. political developments.
The SPY ETF, which tracks the S&P 500, is often influenced by major U.S. political developments. The delay in the vote for the House Speaker may create uncertainty in the market, potentially affecting the performance of the SPY ETF. However, the direct impact is uncertain and depends on further political developments.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50