Major indices are higher following the US House passage of a debt ceiling bill and softer-than-expected jobless claims data. Additionally, Philadelphia Fed President Harker said he thinks we are close to being able to hold rates in place.
Portfolio Pulse from Benzinga Newsdesk
Major indices are higher after the US House passed a debt ceiling bill and jobless claims data came in softer than expected. Philadelphia Fed President Harker believes we are close to holding rates in place.
June 01, 2023 | 5:30 pm
News sentiment analysis
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POSITIVE IMPACT
DIA, a major index ETF, is higher following the US House passage of a debt ceiling bill and softer-than-expected jobless claims data.
The passage of the debt ceiling bill and softer jobless claims data are positive news for the overall market, which in turn benefits DIA as a major index ETF. This leads to a higher price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
IWM, a major index ETF, is higher following the US House passage of a debt ceiling bill and softer-than-expected jobless claims data.
The passage of the debt ceiling bill and softer jobless claims data are positive news for the overall market, which in turn benefits IWM as a major index ETF. This leads to a higher price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
QQQ, a major index ETF, is higher following the US House passage of a debt ceiling bill and softer-than-expected jobless claims data.
The passage of the debt ceiling bill and softer jobless claims data are positive news for the overall market, which in turn benefits QQQ as a major index ETF. This leads to a higher price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
SPY, a major index ETF, is higher following the US House passage of a debt ceiling bill and softer-than-expected jobless claims data.
The passage of the debt ceiling bill and softer jobless claims data are positive news for the overall market, which in turn benefits SPY as a major index ETF. This leads to a higher price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100