White House's Kirby Says U.S. Remains Concerned That North Korea Will Send Munitions To Russia
Portfolio Pulse from Benzinga Newsdesk
The White House expressed concerns that North Korea might send munitions to Russia, potentially escalating geopolitical tensions.
August 04, 2023 | 2:17 pm
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NEGATIVE IMPACT
The geopolitical tension could lead to market volatility, potentially impacting SPY.
Geopolitical tensions often lead to market volatility. As SPY is a broad market ETF, it could be impacted by such volatility.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
The potential munitions deal between North Korea and Russia could impact VGK, which has exposure to European markets.
VGK, being an ETF with exposure to European markets, could be impacted by geopolitical tensions involving Russia.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60