Race Becomes Nationalized

15%its chance, of the story’s futures

0.0%on the S&P 500, if it happens

The ad helps convince national strategists that Texas could be decisive for Senate control, drawing more outside spending from both parties. The contest becomes less about one advertisement and more about Donald Trump, Senate control, immigration, abortion, and Paxton’s legal history.

What it moves

Market volatility▲ up
Riskier companies' borrowing costs▲ up

Sectors in percent; other series by direction only.

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

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