Export Price Index (MoM) (Jun) (0.9)% vs (0.2)% Est.
Portfolio Pulse from Benzinga Newsdesk
The Export Price Index for June has increased by 0.9%, which is higher than the estimated 0.2%.
July 14, 2023 | 12:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
The higher than expected Export Price Index could potentially impact the SPY ETF, as it reflects the overall performance of the US economy.
The Export Price Index is a measure of the prices of goods exported from the US. A higher than expected index indicates a stronger economy, which could potentially lead to an increase in the value of the SPY ETF, as it tracks the performance of the S&P 500, a broad measure of the US stock market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75