Russia's Putin Says "Attack On Concert Hall Near Moscow Is An Act Of Terrorism; We Know Who Committed The Crime Now We Want To Know Who Ordered It; Attack Was An Act Of Intimidation; What We're Interested In Is Who Benefits; Terrorist Attack In Moscow Is Also Part Of Kiev Regime's Attacks On Russia"
Portfolio Pulse from Benzinga Newsdesk
Russian President Vladimir Putin has labeled the attack on a concert hall near Moscow as an act of terrorism, stating that the perpetrators are known and the focus is now on discovering who ordered it. He described the attack as an act of intimidation and suggested it is part of the Kiev regime's attacks on Russia.
March 25, 2024 | 6:04 pm
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NEGATIVE IMPACT
The SPDR S&P 500 ETF Trust (SPY) may experience volatility due to increased geopolitical tensions following Putin's statement on the Moscow attack.
Geopolitical tensions often lead to market volatility. Putin's statement could escalate tensions, potentially affecting global markets and causing short-term volatility in SPY.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Vanguard FTSE Europe ETF (VGK) might face short-term negative impact due to heightened tensions between Russia and Ukraine, as indicated by Putin's comments.
VGK, which tracks European stocks, could be negatively impacted in the short term by increased geopolitical tensions between Russia and Ukraine, as Europe could be directly affected by any escalation.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70