Rep. Jordan Does Not Have The Votes; Third Speaker Vote Expected
Portfolio Pulse from Benzinga Newsdesk
Rep. Jordan does not have the votes for the Speaker position. A third vote is expected.
October 18, 2023 | 4:27 pm
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NEUTRAL IMPACT
The political uncertainty may cause volatility in the SPY ETF.
Political uncertainty often leads to market volatility. As SPY is a broad market ETF, it is likely to be impacted by this uncertainty. However, the direct impact on SPY is not clear from the news.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50