NATO Secretary Stoltenberg Says Ukraine Has Launched Its Offensive And Is Making Advances, Gaining Ground
Portfolio Pulse from Benzinga Newsdesk
NATO Secretary Stoltenberg announced that Ukraine has launched its offensive and is making advances, gaining ground. SPY and VGK ETFs may be impacted by the news.

June 13, 2023 | 3:18 pm
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NEGATIVE IMPACT
The SPY ETF may be impacted by the news of Ukraine's offensive as it could lead to increased geopolitical tensions and market volatility.
The news of Ukraine's offensive could lead to increased geopolitical tensions, which may result in market volatility. As SPY tracks the S&P 500, it could be negatively impacted by these developments.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The VGK ETF, which tracks European stocks, may be affected by the news of Ukraine's offensive due to potential increased geopolitical tensions in the region.
The news of Ukraine's offensive may increase geopolitical tensions in the region, which could negatively impact European stocks. As VGK tracks European stocks, it may be affected by these developments.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 70