Five Republican Lawmakers Vote Against Jim Jordan For Speaker; Voting Continues
Portfolio Pulse from Benzinga Newsdesk
Five Republican lawmakers have voted against Jim Jordan for the position of Speaker. The voting process is still ongoing.
October 17, 2023 | 5:09 pm
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NEUTRAL IMPACT
The ongoing voting for the Speaker position may cause uncertainty in the market, potentially affecting the SPY ETF.
Political events such as elections can cause uncertainty in the market, which can lead to volatility. As SPY is a broad market ETF, it can be affected by such events. However, the direct impact of this specific event on SPY is uncertain.
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