House Minority Leader Jeffries Said Biden, McCarthy To Speak At 2 PM ET Sunday To Finalize Debt Ceiling Deal Text; Said White House Will Brief Democrats On Debt Ceiling Deal At 5 PM
Portfolio Pulse from Charles Gross
House Minority Leader Jeffries announced that Biden and McCarthy will speak at 2 PM ET to finalize the debt ceiling deal text, with the White House briefing Democrats on the deal at 5 PM.
May 28, 2023 | 2:28 pm
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POSITIVE IMPACT
The finalized debt ceiling deal may impact the overall market sentiment, potentially affecting the SPY ETF.
The debt ceiling deal is crucial for the US economy, and its finalization may lead to positive market sentiment. As SPY is a broad market ETF, it may be affected by the overall market reaction to the deal.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 50