President Biden Says He's Worried That Republican Infighting Could Hurt Ukraine Aid
Portfolio Pulse from Benzinga Newsdesk
President Biden expressed concerns that the ongoing infighting among Republicans could potentially harm aid to Ukraine. The impact on specific US-listed ETFs like SPY and VGK is uncertain.
October 04, 2023 | 5:28 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The SPY ETF could be indirectly affected by the political situation, as it reflects the performance of the S&P 500, which could be influenced by geopolitical tensions.
While SPY is not directly linked to Ukraine aid, the political situation and potential impact on global markets could influence its performance.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The VGK ETF, which tracks European stocks, could be more directly impacted by geopolitical tensions and aid to Ukraine, given Europe's proximity and economic ties to Ukraine.
VGK could be more directly affected due to Europe's economic ties to Ukraine. Any disruption in aid to Ukraine could potentially impact European markets and, by extension, VGK.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70