Major indices are higher following the US Senate passage of a debt ceiling bill and better-than-expected May job report data.
Portfolio Pulse from Benzinga Newsdesk
Major indices rise after the US Senate passes a debt ceiling bill and May job report data exceeds expectations.
June 02, 2023 | 2:55 pm
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POSITIVE IMPACT
DIA, a major index ETF, is likely to rise following the US Senate's debt ceiling bill passage and positive May job report data.
The passage of the debt ceiling bill and better-than-expected job report data are positive indicators for the overall market, which will likely lead to an increase in the value of major index ETFs like DIA.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
IWM, a major index ETF, is likely to rise following the US Senate's debt ceiling bill passage and positive May job report data.
The passage of the debt ceiling bill and better-than-expected job report data are positive indicators for the overall market, which will likely lead to an increase in the value of major index ETFs like IWM.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
QQQ, a major index ETF, is likely to rise following the US Senate's debt ceiling bill passage and positive May job report data.
The passage of the debt ceiling bill and better-than-expected job report data are positive indicators for the overall market, which will likely lead to an increase in the value of major index ETFs like QQQ.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
SPY, a major index ETF, is likely to rise following the US Senate's debt ceiling bill passage and positive May job report data.
The passage of the debt ceiling bill and better-than-expected job report data are positive indicators for the overall market, which will likely lead to an increase in the value of major index ETFs like SPY.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100