Durables Ex Defense MoM For Apr 0.0% Vs 0.0% Prior
Portfolio Pulse from Benzinga Newsdesk
Durable goods orders excluding defense remained flat in April, showing no change from the previous month.
June 04, 2024 | 2:00 pm
News sentiment analysis
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NEUTRAL IMPACT
The unchanged durable goods orders excluding defense for April suggest a stable economic environment, which may lead to a neutral impact on the SPY ETF.
The flat durable goods orders excluding defense indicate no significant change in economic activity, which is likely to result in a neutral impact on the SPY ETF.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50