Core CPI (MoM) (Jun) 0.2% vs 0.3% Est.
Portfolio Pulse from Benzinga Newsdesk
The Core CPI (MoM) for June came in at 0.2%, lower than the estimated 0.3%.
July 12, 2023 | 12:31 pm
News sentiment analysis
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NEUTRAL IMPACT
The lower than expected Core CPI may impact DIA as it reflects the overall economic condition.
Core CPI is a key economic indicator that can influence market sentiment. As DIA is a broad market ETF, it may be affected by this news, although the impact may not be significant.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The lower than expected Core CPI may impact IWM as it reflects the overall economic condition.
Core CPI is a key economic indicator that can influence market sentiment. As IWM is a broad market ETF, it may be affected by this news, although the impact may not be significant.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The lower than expected Core CPI may impact QQQ as it reflects the overall economic condition.
Core CPI is a key economic indicator that can influence market sentiment. As QQQ is a broad market ETF, it may be affected by this news, although the impact may not be significant.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The lower than expected Core CPI may impact SPY as it reflects the overall economic condition.
Core CPI is a key economic indicator that can influence market sentiment. As SPY is a broad market ETF, it may be affected by this news, although the impact may not be significant.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75