Republican U.S. Representative Ken Buck Says Will Resign From Congress At The End Of Next Week
Portfolio Pulse from Benzinga Newsdesk
Republican U.S. Representative Ken Buck announced his resignation from Congress, effective at the end of next week, according to a statement on X.
March 12, 2024 | 6:14 pm
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NEUTRAL IMPACT
Ken Buck's resignation may lead to short-term volatility in the SPY as markets react to political changes.
Political events can cause market uncertainty, leading to short-term volatility. However, the direct impact of a single congressman's resignation on the broader market or the SPY ETF is likely limited, hence the neutral score.
CONFIDENCE 60
IMPORTANCE 40
RELEVANCE 50