White House Says Biden Aiming To Have A Constructive Conversation With China's Xi In San Francisco In November
Portfolio Pulse from Benzinga Newsdesk
The White House has announced that President Biden is planning to have a constructive conversation with China's President Xi in San Francisco in November.
October 31, 2023 | 6:38 pm
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NEUTRAL IMPACT
The upcoming meeting between President Biden and China's President Xi could impact the iShares China Large-Cap ETF (FXI).
The meeting between the two leaders could lead to policy changes that impact Chinese large-cap companies, which could in turn affect the performance of the FXI ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The upcoming meeting between President Biden and China's President Xi could impact the SPDR S&P 500 ETF (SPY).
The meeting between the two leaders could lead to policy changes that impact the US economy and the companies in the S&P 500, which could in turn affect the performance of the SPY ETF.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60