White House's Kirby Says National Security Team To Meet With China's Top Diplomat Wang Later On Friday
Portfolio Pulse from Benzinga Newsdesk
The White House's National Security Team is scheduled to meet with China's top diplomat Wang later on Friday, according to Kirby.
October 27, 2023 | 6:22 pm
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NEUTRAL IMPACT
The meeting between the White House's National Security Team and China's top diplomat could influence the iShares China Large-Cap ETF (FXI).
The meeting could lead to changes in the US-China relationship, which could impact Chinese large-cap companies and, by extension, the FXI ETF. However, the exact impact will depend on the outcome of the meeting.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The meeting between the White House's National Security Team and China's top diplomat could influence the SPDR S&P 500 ETF (SPY).
The meeting could lead to changes in the US-China relationship, which could impact the US market and, by extension, the SPY ETF. However, the exact impact will depend on the outcome of the meeting.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60