U.S. Speaker Johnson Says Motion To Vacate Him As Speaker Is Wrong
Portfolio Pulse from Benzinga Newsdesk
U.S. Speaker Johnson has stated that the motion to vacate him as Speaker is incorrect, according to Reuters. No specific details on the political implications or the reasons behind the motion were provided in the article.
May 01, 2024 | 1:54 pm
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The motion to vacate U.S. Speaker Johnson may indirectly affect the SPY ETF due to potential political instability.
Political events often lead to market volatility. However, without specific details on the motion or its implications, the direct impact on SPY remains uncertain. SPY, tracking a broad range of U.S. stocks, could experience short-term fluctuations due to investor reactions to political instability.
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