U.S, President Biden Expected To Announce Significant Military Aid Package For Ukraine On Thursday
Portfolio Pulse from Benzinga Newsdesk
U.S. President Biden is expected to announce a significant military aid package for Ukraine on Thursday, according to a U.S. official cited by Reuters.
September 20, 2023 | 2:05 pm
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NEUTRAL IMPACT
The announcement of a significant military aid package for Ukraine by U.S. President Biden may impact the SPY ETF, which tracks the S&P 500 index.
The announcement could lead to geopolitical tensions, which may cause volatility in the stock market and impact the SPY ETF. However, the direct impact is uncertain as it depends on various factors including market sentiment and the reaction of other global powers.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The announcement of a significant military aid package for Ukraine by U.S. President Biden may impact the VGK ETF, which tracks the European stock market.
The announcement could lead to geopolitical tensions in Europe, which may cause volatility in the European stock market and impact the VGK ETF. However, the direct impact is uncertain as it depends on various factors including market sentiment and the reaction of European countries.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60