Possible scenario

Strict Regime Imposed

its chance, of the story’s futures

−0.4%on the S&P 500, if it happens

Hinojosa interprets the election mandate aggressively and keeps the Abbott-era pause while adding tougher conditions for new data centers. Higher labor costs, tax exposure, and interconnection uncertainty push some projects out of Texas.

What it moves

Utilities−1.0%
Technology−0.8%
Industrials−0.4%
Finance−0.2%

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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