White House Says President Biden To Deliver Remarks On Ukraine Funding At 12 pm ET
Portfolio Pulse from Benzinga Newsdesk
President Biden is scheduled to deliver remarks on Ukraine funding at 12 pm ET, as reported by Reuters. The content of the speech and the specifics of the funding have not been detailed in the article.
December 06, 2023 | 4:27 pm
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NEUTRAL IMPACT
SPY, an ETF tracking the S&P 500, may experience volatility as investors react to President Biden's upcoming remarks on Ukraine funding.
While the speech may influence market sentiment, without specifics on the funding, the impact on SPY is uncertain. However, geopolitical events can cause market volatility, which may affect SPY in the short term.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
VGK, an ETF with exposure to European equities, could be influenced by President Biden's remarks on Ukraine funding due to the region's proximity to the conflict.
VGK may be impacted by Biden's remarks on Ukraine funding, as Europe is directly affected by the conflict. The lack of details makes the exact impact unclear, but there is potential for short-term movement in VGK.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60