Market On Close Imbalance: $2.5B To Buy-Side
Portfolio Pulse from Benzinga Newsdesk
The market on close imbalance is leaning towards the buy-side with a total of $2.5 billion.
July 11, 2023 | 7:52 pm
News sentiment analysis
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POSITIVE IMPACT
The market on close imbalance may impact SPY as it is a broad market ETF.
A market on close imbalance leaning towards the buy-side indicates more buy orders than sell orders. This could potentially drive up the price of assets like SPY, which is a broad market ETF, as it reflects the overall market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50