U.S. President Biden To Announce New Military Aid, Air Defense For Ukraine, White House Says
Portfolio Pulse from Benzinga Newsdesk
U.S. President Biden is set to announce new military aid and air defense for Ukraine, according to the White House. This could potentially impact the geopolitical landscape and indirectly affect the stock market.
September 21, 2023 | 5:24 pm
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NEUTRAL IMPACT
The announcement of new military aid for Ukraine by President Biden could potentially cause volatility in the stock market, indirectly affecting SPY.
Geopolitical events can cause uncertainty in the market, leading to volatility. As SPY is a broad market ETF, it could be indirectly affected by these changes.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
The announcement of new military aid for Ukraine by President Biden could potentially cause volatility in the European stock market, indirectly affecting VGK.
Geopolitical events can cause uncertainty in the market, leading to volatility. As VGK is a European ETF, it could be indirectly affected by these changes.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50