Fed Chair Powell Says Activity In Housing Has Picked Up
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Chair Jerome Powell has stated that activity in the housing market has increased.
September 20, 2023 | 6:33 pm
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POSITIVE IMPACT
The SPY ETF, which tracks the S&P 500, may be impacted by this news as it includes companies from the housing sector.
The SPY ETF tracks the S&P 500, which includes companies from the housing sector. Increased activity in the housing market could lead to improved performance for these companies, potentially boosting the value of the ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75