A 4.0 Magnitude Aftershock From This Morning's Earthquake In New Jersey Occurred At 15:59:13 ET
Portfolio Pulse from Benzinga Newsdesk
A 4.0 magnitude aftershock from an earlier earthquake in New Jersey was recorded at 15:59:13 ET, according to the USGS.
April 05, 2024 | 10:34 pm
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NEUTRAL IMPACT
The aftershock in New Jersey is unlikely to have a direct impact on the SPY ETF as it tracks a broad range of stocks not directly affected by natural disasters.
SPY, as a diversified ETF tracking the S&P 500, is generally insulated from localized natural disasters like earthquakes. The impact on the broader market is minimal unless the event significantly disrupts economic activities or infrastructure.
CONFIDENCE 80
IMPORTANCE 5
RELEVANCE 10