Major indices are lower following reports suggesting debt limit talks are at a pause.
Portfolio Pulse from Benzinga Newsdesk
Major indices are lower following reports that debt limit talks have hit a roadblock, potentially affecting the performance of DIA, IWM, QQQ, and SPY.
May 19, 2023 | 3:30 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
DIA may be negatively impacted by the stalled debt limit talks, as major indices are lower.
The stalled debt limit talks have caused major indices to drop, which may negatively impact DIA as it tracks the Dow Jones Industrial Average.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
IWM may be negatively impacted by the stalled debt limit talks, as major indices are lower.
The stalled debt limit talks have caused major indices to drop, which may negatively impact IWM as it tracks the Russell 2000 Index.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
QQQ may be negatively impacted by the stalled debt limit talks, as major indices are lower.
The stalled debt limit talks have caused major indices to drop, which may negatively impact QQQ as it tracks the Nasdaq-100 Index.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
SPY may be negatively impacted by the stalled debt limit talks, as major indices are lower.
The stalled debt limit talks have caused major indices to drop, which may negatively impact SPY as it tracks the S&P 500 Index.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75