White House Says Budget Talks Will Be Difficult; Real Differences Between Sides On Budget; Working Hard On Bipartisan Debt Solution
Portfolio Pulse from Benzinga Newsdesk
The White House has stated that budget talks will be difficult due to real differences between the sides on the budget. They are working hard on a bipartisan debt solution.
May 19, 2023 | 4:14 pm
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Budget talks difficulty and differences between sides may cause uncertainty in the market, potentially impacting the SPY ETF.
The difficulty in budget talks and differences between sides can create uncertainty in the market. This uncertainty may lead to fluctuations in the stock market, which can impact the SPY ETF as it tracks the S&P 500 index. Investors may react to the news by adjusting their positions, causing short-term price movements.
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