Bloomberg's Erik Wasson Posts U.S. Rep. Sessions Is Eliminated From House Speaker Race
Portfolio Pulse from Benzinga Newsdesk
U.S. Representative Pete Sessions has been eliminated from the House Speaker race, according to a tweet by Bloomberg's Erik Wasson.
October 24, 2023 | 2:29 pm
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NEUTRAL IMPACT
The elimination of U.S. Rep. Pete Sessions from the House Speaker race may cause some volatility in the market, potentially impacting SPY.
Political events can cause market volatility. The elimination of a potential House Speaker can lead to uncertainty, which may impact the market and ETFs like SPY.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50