Major indexes are higher amid strength in the financial sector following quarterly earnings from multiple US banks.
Portfolio Pulse from Bill Haddad
Major indexes have risen due to strength in the financial sector, following the release of quarterly earnings from multiple US banks.
October 13, 2023 | 1:43 pm
News sentiment analysis
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POSITIVE IMPACT
The Dow Jones Industrial Average ETF (DIA) may see a positive impact due to strength in the financial sector.
As an ETF that tracks the Dow Jones Industrial Average, DIA is likely to be positively impacted by the strength in the financial sector following the release of US banks' quarterly earnings.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
The iShares Russell 2000 ETF (IWM) may experience a positive impact due to strength in the financial sector.
As an ETF that tracks the Russell 2000 Index, IWM is likely to be positively impacted by the strength in the financial sector following the release of US banks' quarterly earnings.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
The Invesco QQQ ETF (QQQ) may see a positive impact due to strength in the financial sector.
As an ETF that tracks the NASDAQ-100 Index, QQQ is likely to be positively impacted by the strength in the financial sector following the release of US banks' quarterly earnings.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
The SPDR S&P 500 ETF (SPY) may experience a positive impact due to strength in the financial sector.
As an ETF that tracks the S&P 500 Index, SPY is likely to be positively impacted by the strength in the financial sector following the release of US banks' quarterly earnings.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75