Major indexes are higher amid a drop in Treasury yields following US economic data.
Portfolio Pulse from Benzinga Newsdesk
Major indexes have risen as Treasury yields fell in response to recent US economic data.
August 29, 2023 | 2:37 pm
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POSITIVE IMPACT
The DIA ETF, which tracks the Dow Jones Industrial Average, may see a positive impact due to the rise in major indexes.
As DIA tracks the Dow Jones, a rise in major indexes generally indicates a positive impact on DIA.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
The IWM ETF, which tracks the Russell 2000 Index, may see a positive impact due to the rise in major indexes.
As IWM tracks the Russell 2000 Index, a rise in major indexes generally indicates a positive impact on IWM.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
The QQQ ETF, which tracks the NASDAQ-100 Index, may see a positive impact due to the rise in major indexes.
As QQQ tracks the NASDAQ-100 Index, a rise in major indexes generally indicates a positive impact on QQQ.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
The SPY ETF, which tracks the S&P 500 Index, may see a positive impact due to the rise in major indexes.
As SPY tracks the S&P 500 Index, a rise in major indexes generally indicates a positive impact on SPY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75