President Biden Says Blinken Had A Great Trip To China; Says His Comment On Xi Being A Dictator Did Not Undermine Or Complicate Relationship With China
Portfolio Pulse from Benzinga Newsdesk
President Biden stated that Secretary of State Blinken's trip to China was successful and his comment on Xi Jinping being a dictator did not undermine or complicate the US-China relationship.
June 22, 2023 | 6:02 pm
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NEUTRAL IMPACT
Biden's statement on Blinken's China trip and Xi Jinping comment may not have a significant short-term impact on the iShares China Large-Cap ETF (FXI).
The news does not directly affect the fundamentals of the Chinese market or the companies within the FXI ETF. The statement may not have a significant short-term impact on the ETF's performance.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
President Biden's statement on Blinken's China trip and Xi Jinping comment may not have a significant short-term impact on the SPDR S&P 500 ETF (SPY).
The news does not directly affect the fundamentals of the US market or the companies within the SPY ETF. The statement may not have a significant short-term impact on the ETF's performance.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50