Fox News' Chad Pergram Says 'Johnson says "Ukraine (funding) will come in short order. We'll do that next." Says they will pair that with border security.'
Portfolio Pulse from Benzinga Newsdesk
Fox News' Chad Pergram reports that Johnson has stated that funding for Ukraine will come soon and will be paired with border security.
November 02, 2023 | 2:40 pm
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NEUTRAL IMPACT
The news about Ukraine funding and border security may indirectly affect the SPY ETF, as it tracks the S&P 500 index which includes companies that could be influenced by these regulatory changes.
The SPY ETF tracks the S&P 500 index, which includes a wide range of companies. Some of these companies may be affected by changes in Ukraine funding and border security, but the impact is likely to be indirect and spread across many companies, making it difficult to predict a clear direction for the ETF.
CONFIDENCE 60
IMPORTANCE 30
RELEVANCE 20
NEUTRAL IMPACT
The news about Ukraine funding may have a more direct impact on the VGK ETF, as it tracks European stocks and Ukraine is a part of Europe.
The VGK ETF tracks European stocks, and Ukraine is a part of Europe. Therefore, changes in Ukraine funding could have a more direct impact on this ETF. However, the exact impact is difficult to predict without more specific information about the funding changes.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50