White House National Security Adviser Sullivan Confirms U.S. Commerce Secretary Raimondo's Trip To China
Portfolio Pulse from Benzinga Newsdesk
White House National Security Adviser Sullivan has confirmed that U.S. Commerce Secretary Raimondo will be making a trip to China. The news was reported by Reuters.
August 22, 2023 | 3:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The trip of U.S. Commerce Secretary Raimondo to China could potentially impact the iShares China Large-Cap ETF (FXI).
The trip of U.S. Commerce Secretary Raimondo to China could potentially influence the trade relations between the two countries, which could in turn impact the performance of the iShares China Large-Cap ETF (FXI). However, the exact impact is uncertain at this point.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The trip of U.S. Commerce Secretary Raimondo to China could potentially impact the SPDR S&P 500 ETF (SPY).
The trip of U.S. Commerce Secretary Raimondo to China could potentially influence the trade relations between the two countries, which could in turn impact the performance of the SPDR S&P 500 ETF (SPY). However, the exact impact is uncertain at this point.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50