U.S. President Biden's Approval Dips To 40% In October, Near Lowest Level Of His Term
Portfolio Pulse from Benzinga Newsdesk
According to a Reuters/IPSOS poll, U.S. President Biden's approval rating has dipped to 40% in October, marking one of the lowest levels of his term.
October 10, 2023 | 6:19 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could potentially be affected by the low approval rating of President Biden, as political stability often influences market sentiment.
While the SPY ETF is not directly linked to the approval rating of the President, political stability and sentiment can influence market trends. However, the impact is not straightforward and depends on various other factors.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50