U.S. Issues New Russia-Related Sanctions; Target Two Russian Individuals
Portfolio Pulse from Benzinga Newsdesk
The U.S. Treasury has issued new Russia-related sanctions targeting two Russian individuals. This may have implications for ETFs such as SPY and VGK.
June 23, 2023 | 2:08 pm
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NEGATIVE IMPACT
New Russia-related sanctions may cause uncertainty and potential negative impact on SPY ETF in the short term.
The new sanctions targeting Russian individuals may increase geopolitical tensions and uncertainty, which could negatively affect the performance of the SPY ETF in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The new Russia-related sanctions may lead to increased uncertainty and potential negative impact on VGK ETF in the short term.
The new sanctions targeting Russian individuals may increase geopolitical tensions and uncertainty, which could negatively affect the performance of the VGK ETF in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50