WATCH: 'House Speaker McCarthy Gives An Update On Debt Limit Negotiations' To Begin At 11:45 a.m. ET
Portfolio Pulse from Happy Mohamed
House Speaker McCarthy is set to give an update on debt limit negotiations at 11:45 a.m. ET. This could potentially impact the market and related ETFs such as SPY.

May 24, 2023 | 3:37 pm
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NEUTRAL IMPACT
The update on debt limit negotiations by House Speaker McCarthy may influence the market and affect the performance of ETFs like SPY.
The debt limit negotiations have a direct impact on the overall market sentiment. As SPY is an ETF that tracks the S&P 500, any significant update on the debt limit negotiations could influence its performance. However, the exact impact will depend on the content of the update provided by House Speaker McCarthy.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75