Core CPI (YoY) (Jun) 4.8% vs 5% Est.
Portfolio Pulse from Benzinga Newsdesk
The Core CPI (YoY) for June came in at 4.8%, lower than the estimated 5%. This could impact the performance of ETFs like DIA, IWM, QQQ, and SPY.
July 12, 2023 | 12:30 pm
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NEUTRAL IMPACT
The lower than expected Core CPI could impact DIA's performance.
The Core CPI is a key economic indicator that can influence market sentiment and impact ETFs like DIA. However, the exact impact is uncertain and depends on various factors.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75
NEUTRAL IMPACT
The lower than expected Core CPI could impact IWM's performance.
The Core CPI is a key economic indicator that can influence market sentiment and impact ETFs like IWM. However, the exact impact is uncertain and depends on various factors.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75
NEUTRAL IMPACT
The lower than expected Core CPI could impact QQQ's performance.
The Core CPI is a key economic indicator that can influence market sentiment and impact ETFs like QQQ. However, the exact impact is uncertain and depends on various factors.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75
NEUTRAL IMPACT
The lower than expected Core CPI could impact SPY's performance.
The Core CPI is a key economic indicator that can influence market sentiment and impact ETFs like SPY. However, the exact impact is uncertain and depends on various factors.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75