Major indices are higher amid hopes of a debt ceiling resolution. Additionally, strong earnings from Walmart and softer-than-expected jobless claims may be lifting economic sentiment.
Portfolio Pulse from Benzinga Newsdesk
Major indices are higher due to hopes of a debt ceiling resolution, strong earnings from Walmart, and softer-than-expected jobless claims, lifting economic sentiment.
May 18, 2023 | 3:23 pm
News sentiment analysis
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POSITIVE IMPACT
DIA is higher amid hopes of a debt ceiling resolution and strong earnings from Walmart, lifting economic sentiment.
The news of a potential debt ceiling resolution and strong Walmart earnings are lifting economic sentiment, which is likely to have a positive impact on DIA in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
IWM is higher amid hopes of a debt ceiling resolution and strong earnings from Walmart, lifting economic sentiment.
The news of a potential debt ceiling resolution and strong Walmart earnings are lifting economic sentiment, which is likely to have a positive impact on IWM in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
QQQ is higher amid hopes of a debt ceiling resolution and strong earnings from Walmart, lifting economic sentiment.
The news of a potential debt ceiling resolution and strong Walmart earnings are lifting economic sentiment, which is likely to have a positive impact on QQQ in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
SPY is higher amid hopes of a debt ceiling resolution and strong earnings from Walmart, lifting economic sentiment.
The news of a potential debt ceiling resolution and strong Walmart earnings are lifting economic sentiment, which is likely to have a positive impact on SPY in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75