Mexican President Says Does Not Think New Sections Of Wall Will Be Built, And U.S. Government Doesn't Want To
Portfolio Pulse from Benzinga Newsdesk
Mexican President has stated that he does not believe new sections of the wall between Mexico and the U.S. will be built, and that the U.S. government does not want to continue the project.
October 06, 2023 | 2:17 pm
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NEUTRAL IMPACT
The news may have a neutral impact on the iShares MSCI Mexico ETF (EWW) as it does not directly affect the Mexican economy or the companies in the ETF.
The news is related to the U.S.-Mexico relations, but it does not directly impact the Mexican economy or the companies in the ETF. Therefore, the impact on EWW is expected to be neutral.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50
NEUTRAL IMPACT
The news may have a neutral impact on the SPDR S&P 500 ETF (SPY) as it does not directly affect the U.S. economy or the companies in the ETF.
The news is related to the U.S.-Mexico relations, but it does not directly impact the U.S. economy or the companies in the ETF. Therefore, the impact on SPY is expected to be neutral.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50