JOLTs Job Openings (Jun) 9.582M vs 9.61M Est.
Portfolio Pulse from Benzinga Newsdesk
The JOLTs Job Openings for June came in at 9.582 million, slightly below the estimated 9.61 million.
August 04, 2023 | 8:39 am
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NEUTRAL IMPACT
The SPY ETF, which tracks the S&P 500, may be indirectly affected by the JOLTs Job Openings data, as it reflects the overall health of the US economy.
The JOLTs Job Openings data is a measure of labor market conditions and overall economic health. While the data is slightly below estimates, it's not significantly off to cause a major impact. However, as SPY tracks the broader market, any economic indicators can have an indirect effect on its performance.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50