U.S Secretary Of State Blinken Says We're Monitoring Situation With Crimea Bridge; Ukraine Has To Decide How It Conducts This War
Portfolio Pulse from Benzinga Newsdesk
U.S Secretary of State Blinken has stated that the U.S is monitoring the situation with the Crimea Bridge and that Ukraine has to decide how it conducts this war. The news was reported by Reuters.
July 17, 2023 | 6:23 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could be indirectly affected by the geopolitical tensions surrounding the Crimea Bridge.
While SPY is not directly involved in the situation, geopolitical tensions can influence market sentiment and thus impact broad market ETFs like SPY.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The Vanguard FTSE Europe ETF (VGK) could be indirectly affected by the geopolitical tensions surrounding the Crimea Bridge.
VGK, being a Europe-focused ETF, could be more sensitive to geopolitical tensions in the region, such as the situation with the Crimea Bridge.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60