• 

  44%+0.1%

  Orderly Democratic Pickup

  Knott’s concession makes NC-13 one of the clearest Republican-to-Democratic flips in North Carolina. The result further validates the broader projection that Democrats will control the House, but the immediate market impact is limited because the outcome was already strongly signaled by early voting and other calls.

  Energy −0.1% · Finance −0.1% · Healthcare +0.1%

• 

  22%−0.1%

  Localized Legal Challenges

  Although Knott has conceded NC-13, Republicans may still challenge other close races or review county-level tabulations. These disputes are likely to be procedural and localized rather than a serious threat to the overall House outcome.

  Consumer Cyclicals −0.1% · Finance −0.1% · Technology −0.1%

• 

  18%−0.1%

  Republican Postmortem

  The Knott defeat becomes part of a broader Republican analysis of candidate quality, suburban turnout, and the national environment under Donald Trump. The main near-term consequence is internal party positioning rather than a direct market-moving policy change.

  Industrials −0.1%

• 

  16%0.0%

  North Carolina Realignment

  NC-13 reinforces the view that fast-growing Raleigh-area suburbs have become more competitive for Democrats. Both parties treat North Carolina as a central 2028 House and presidential battleground, but the immediate financial-market relevance is limited.

Each figure is the modeled move of the S&P 500 if it happens. For information only. Not investment advice.