Republican Negotiator Graves Says Until White House Understands Spending Crisis, We're Not Going To Be Able To Move Forward; Says We've Had Border Discussions As Part Of The Conversation On Debt Ceiling; Says Debt Ceiling Negotiators Will Meet Again
Portfolio Pulse from Benzinga Newsdesk
Republican negotiator Graves stated that until the White House understands the spending crisis, progress cannot be made. Border discussions have been part of the debt ceiling conversation, and negotiators will meet again.
May 23, 2023 | 2:13 pm
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NEUTRAL IMPACT
Debt ceiling negotiations may impact the overall market sentiment, potentially affecting the SPY ETF.
The debt ceiling negotiations are an ongoing political issue that can influence overall market sentiment. While the SPY ETF is not directly mentioned, it represents the broader market and may be affected by the outcome of these negotiations. However, the impact is uncertain and depends on the final outcome of the talks.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50