Sec Of State Blinken Says U.S. Is Deeply Concerned By Russia's Planned Action To Withdraw Its Ratification Of Comprehensive Nuclear-Test-Ban Treaty
Portfolio Pulse from Benzinga Newsdesk
US Secretary of State, Blinken, has expressed deep concern over Russia's planned action to withdraw its ratification of the Comprehensive Nuclear-Test-Ban Treaty, according to Reuters.
November 02, 2023 | 5:22 pm
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NEGATIVE IMPACT
The geopolitical tension between the US and Russia may cause uncertainty in the market, potentially affecting the SPY ETF.
Geopolitical tensions often lead to market volatility. As SPY is a broad market ETF, it is likely to be affected by any significant geopolitical events. In this case, Russia's planned withdrawal from the Nuclear-Test-Ban Treaty could increase tensions and uncertainty, potentially leading to a negative impact on SPY.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The Vanguard FTSE Europe ETF (VGK) could be affected by the geopolitical tension between the US and Russia.
VGK, which tracks European stocks, could be affected by geopolitical tensions between the US and Russia. Europe's proximity to Russia and its economic ties could lead to increased market volatility, potentially negatively impacting VGK.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80