Senate Short-term Spending Bill Would Fund U.S. Government Through Nov. 17
Portfolio Pulse from Charles Gross
The U.S. Senate has proposed a short-term spending bill that would fund the U.S. government through November 17, according to Reuters citing Punchbowl. This could potentially impact the SPY ETF.
September 26, 2023 | 8:59 pm
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NEUTRAL IMPACT
The proposed short-term spending bill by the U.S. Senate could potentially impact the SPY ETF, which tracks the S&P 500 index and is influenced by U.S. government fiscal policies.
The SPY ETF, which tracks the S&P 500 index, is influenced by U.S. government fiscal policies. The proposed short-term spending bill could potentially impact the ETF, although the exact impact is uncertain and would depend on the specifics of the bill and market reactions.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50