US NFIB Mar Small Business Index 88.5 Vs 89.4 In Feb
Portfolio Pulse from Charles Gross
The US NFIB Small Business Index for March recorded a value of 88.5, showing a decrease from February's value of 89.4.

April 09, 2024 | 10:02 am
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The decrease in the US NFIB Small Business Index may lead to a cautious outlook among investors, potentially impacting SPY.
The NFIB Small Business Index is a measure of small business sentiment in the US. A decrease in this index can reflect concerns about the economic environment, which may lead to a more cautious approach among investors. Given that SPY tracks a broad range of US stocks, a cautious or negative outlook on the economy can impact its performance in the short term.
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