21 Republican Lawmakers Vote Against Jim Jordan For Speaker; Voting Continues
Portfolio Pulse from Benzinga Newsdesk
21 Republican lawmakers have voted against Jim Jordan for the position of Speaker. The voting process is still ongoing.
October 18, 2023 | 4:48 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 in stock prices. As SPY is a broad market ETF, it may be affected by this uncertainty.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50