Russia's Putin Says We Will Use Weapons With Depleted Uranium In Response, If Necessary
Portfolio Pulse from Benzinga Newsdesk
Russian President Vladimir Putin stated that Russia will use weapons with depleted uranium if necessary, potentially escalating geopolitical tensions.
June 13, 2023 | 3:28 pm
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NEGATIVE IMPACT
Increased geopolitical tensions may negatively impact the S&P 500 ETF (SPY) in the short term.
Geopolitical tensions often lead to increased market volatility and uncertainty, which can negatively impact broad market indices like the S&P 500 ETF (SPY).
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The Vanguard FTSE Europe ETF (VGK) may be negatively impacted by increased geopolitical tensions due to Russia's statement.
Geopolitical tensions can lead to increased market volatility and uncertainty, which can negatively impact regional market indices like the Vanguard FTSE Europe ETF (VGK), especially given Europe's proximity to Russia.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 60