House Speaker McCarthy Says He Will 'Fight All The Way Through' To Avoid A Federal Government Shutdown
Portfolio Pulse from Benzinga Newsdesk
House Speaker McCarthy has stated that he will 'fight all the way through' to avoid a federal government shutdown. This news could potentially impact the overall market sentiment.
September 18, 2023 | 6:28 pm
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NEUTRAL IMPACT
The statement by House Speaker McCarthy about avoiding a federal government shutdown could potentially impact the overall market sentiment, which is represented by SPY.
The news about a potential government shutdown can create uncertainty in the market, which can affect the SPY ETF as it represents the overall market. However, the commitment from the House Speaker to avoid such a situation can help to stabilize the market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50