U.S. State Department Says U.S. Will Monitor 'Very Closely' The Outcome Of Putin-Kim Meeting; Says U.S. Will Not Hesitate To Impose New Sanctions On North Korea
Portfolio Pulse from Benzinga Newsdesk
The U.S. State Department has announced that it will closely monitor the outcome of the meeting between Putin and Kim. It also stated that the U.S. will not hesitate to impose new sanctions on North Korea.
September 11, 2023 | 5:31 pm
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NEGATIVE IMPACT
The SPY ETF, which tracks the S&P 500, could be affected by potential geopolitical tensions arising from the Putin-Kim meeting and possible new sanctions on North Korea.
Geopolitical tensions often lead to market volatility. The announcement of the U.S. monitoring the Putin-Kim meeting and potential new sanctions on North Korea could increase uncertainty and negatively impact the SPY ETF, which tracks the S&P 500.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The VGK ETF, which tracks European stocks, could be influenced by the outcome of the Putin-Kim meeting and potential new sanctions on North Korea.
Geopolitical events can cause market volatility. The U.S. monitoring the Putin-Kim meeting and potential new sanctions on North Korea could increase uncertainty and negatively impact the VGK ETF, which tracks European stocks.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50