Newark Airport Entered A Ground Stop
Portfolio Pulse from Benzinga Newsdesk
Newark Airport has entered a ground stop, according to Bloomberg. The impact on airline stocks and the broader market is uncertain.
June 07, 2023 | 5:56 pm
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NEUTRAL IMPACT
Newark Airport's ground stop may have an uncertain impact on the broader market, including the SPY ETF.
The ground stop at Newark Airport may cause disruptions in the airline industry, which could have a ripple effect on the broader market. However, the extent of the impact is uncertain, and it may not significantly affect the SPY ETF in the short term.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50