Employment Benefits (QoQ) (Q3) 0.9%
Portfolio Pulse from Benzinga Newsdesk
The Q3 quarter-on-quarter Employment Benefits have increased by 0.9%.
October 31, 2023 | 12:31 pm
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NEUTRAL IMPACT
The increase in Employment Benefits may indirectly affect SPY as it reflects the overall health of the economy.
The increase in Employment Benefits indicates a healthier economy, which can indirectly affect the performance of SPY. However, the direct correlation is not strong, hence the neutral score.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50