Possible scenario
Texas Tightens Access
−0.5%
Texas regulators use the Abbott-ordered ERCOT audit and Hinojosa transition period to impose tougher standards on large-load interconnections. This would not end AI construction, but it would raise costs and shift bargaining power toward generators and grid operators.
What it moves
- Technology−1.0%
- Energy+0.3%
- Industrials−0.1%
- Market volatility
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