Market On Close Imbalance: $3.5B To Buy-Side
Portfolio Pulse from Benzinga Newsdesk
The market on close imbalance is showing a $3.5 billion buy-side imbalance, indicating a potential increase in stock prices.
June 22, 2023 | 7:53 pm
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The $3.5 billion buy-side imbalance may lead to an increase in the price of SPY ETF.
The market on close imbalance indicates a higher demand for stocks, which may lead to an increase in stock prices. As SPY is a popular ETF that tracks the S&P 500, it is likely to be affected by this buy-side imbalance.
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