U.S. Republican Jim Jordan Has Lost 9 Votes In Bid For U.S. House Speaker; Voting Continues
Portfolio Pulse from Benzinga Newsdesk
U.S. Republican Jim Jordan has lost 9 votes in his bid for U.S. House Speaker. The voting process is still ongoing.
October 20, 2023 | 3:19 pm
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NEUTRAL IMPACT
The ongoing voting for the U.S. House Speaker may cause uncertainty in the market, potentially affecting the SPY ETF.
Political events such as elections can cause market volatility. As SPY is a broad market ETF, it can be influenced by such events. However, the direct impact of this particular event on SPY is uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50