White House National Security Adviser Sullivan: Ukraine Is Making Gains In The South Amid Russian Attacks; U.S. Does Not Assess That Conflict In Ukraine Is A Stalemate
Portfolio Pulse from Benzinga Newsdesk
White House National Security Adviser Sullivan stated that Ukraine is making gains in the south amid Russian attacks. The U.S. does not assess that the conflict in Ukraine is a stalemate, according to Reuters.

August 22, 2023 | 3:40 pm
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NEGATIVE IMPACT
The VGK ETF, which tracks European stocks, could be directly impacted by the ongoing conflict in Ukraine.
The VGK ETF tracks the performance of the European stock market. Given the geographical proximity and economic ties between Europe and Ukraine, any escalation in the conflict could negatively impact European stocks, and consequently, the VGK ETF.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 70
NEUTRAL IMPACT
The ongoing conflict in Ukraine and its developments can impact global markets, potentially affecting the SPY ETF.
The SPY ETF tracks the S&P 500, which is a broad representation of the U.S. stock market. Any geopolitical tensions, such as the conflict in Ukraine, can cause volatility in the market, potentially impacting the performance of the SPY ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50