U.S. Diplomats Held 'Candid And Productive Discussions' With Chinese Counterparts; U.S. Officials 'Made Clear That The United States Would Compete Vigorously And Stand Up For U.S. Interests And Values'
Portfolio Pulse from Benzinga Newsdesk
U.S. diplomats held 'candid and productive discussions' with Chinese counterparts, with U.S. officials emphasizing that they would compete vigorously and stand up for U.S. interests and values, according to a State Department statement.
June 05, 2023 | 4:39 pm
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NEUTRAL IMPACT
The discussions between U.S. and Chinese diplomats may impact the iShares China Large-Cap ETF (FXI) as it reflects the overall sentiment towards Chinese stocks.
The discussions between U.S. and Chinese diplomats can influence the overall sentiment towards Chinese stocks, which may affect the performance of the iShares China Large-Cap ETF (FXI). However, the short-term impact is uncertain as the outcome of the discussions is not yet clear.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The diplomatic discussions between the U.S. and China may have an indirect impact on the SPDR S&P 500 ETF Trust (SPY) as it represents the overall U.S. market.
The outcome of the diplomatic discussions between the U.S. and China can influence the overall U.S. market sentiment, which may affect the performance of the SPDR S&P 500 ETF Trust (SPY). However, the short-term impact is uncertain as the outcome of the discussions is not yet clear.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50