President Biden Condemns 'Horrific Act Of Violence' After Shooting Of Slovak PM Fico; Our Embassy Is In Close Touch With Government Of Slovakia And Ready To Assist
Portfolio Pulse from Benzinga Newsdesk
President Biden has condemned the shooting of Slovak PM Fico, calling it a 'horrific act of violence.' The US Embassy is in close contact with the Slovak government and is ready to assist.
May 15, 2024 | 4:24 pm
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NEGATIVE IMPACT
The shooting of Slovak PM Fico and President Biden's condemnation may cause short-term market volatility, impacting broad market ETFs like SPY.
Political instability and violence can lead to market uncertainty, potentially affecting broad market ETFs like SPY in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The shooting of Slovak PM Fico may lead to increased volatility in European markets, impacting ETFs like VGK.
Political violence in Europe can lead to market instability, potentially affecting European-focused ETFs like VGK in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50