U.S. House Republicans Choose Jim Jordan As Speaker Nominee
Portfolio Pulse from Benzinga Newsdesk
U.S. House Republicans have chosen Jim Jordan as their nominee for Speaker, according to a Politico reporter cited by Reuters. The SPY ETF, which tracks the S&P 500, may be indirectly affected by this political development.
October 13, 2023 | 8:07 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
The SPY ETF, which tracks the S&P 500, may be indirectly affected by the nomination of Jim Jordan as Speaker by U.S. House Republicans.
Political developments can have indirect effects on the stock market, and therefore on ETFs like SPY that track major indices. However, the specific impact of this development is uncertain and likely to be influenced by a variety of other factors.
CONFIDENCE 50
IMPORTANCE 50
RELEVANCE 50