Federal cases advance

The most likely path is that the Justice Department uses the 300-officer raid and vehicle seizures to support drug trafficking and asset-forfeiture cases rather than a broader market-moving policy shift. Federal prosecutors, the DEA, LAPD, and the U.S. Attorney's Office for the Central District of California focus on building plea leverage against alleged fentanyl and meth distribution networks in Skid Row.

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