CDC Says At This Time, BA.2.86 Does Not Appear To Be Rapidly Increasing Or Driving Increases In Infections Or Hospitalizations In The United States
Portfolio Pulse from Benzinga Newsdesk
The CDC has stated that the BA.2.86 variant is not currently causing a rapid increase in infections or hospitalizations in the United States, according to Reuters.
September 15, 2023 | 7:12 pm
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NEUTRAL IMPACT
The CDC's announcement about the BA.2.86 variant not causing a rapid increase in infections or hospitalizations in the US may have a neutral impact on the SPY ETF.
The CDC's announcement about the BA.2.86 variant not causing a rapid increase in infections or hospitalizations in the US may not directly affect the SPY ETF. However, any significant changes in the COVID-19 situation can indirectly influence the overall market sentiment, which can impact the performance of broad market ETFs like SPY.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50