Fed To Release Annual Bank Stress Test Results On June 26
Portfolio Pulse from Benzinga Newsdesk
The Federal Reserve will release the results of its annual bank stress tests on June 26. These tests assess the resilience of major banks in the face of economic downturns.
June 06, 2024 | 6:01 pm
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NEUTRAL IMPACT
The Federal Reserve's annual bank stress test results, set to be released on June 26, could impact the SPDR S&P 500 ETF (SPY) as it includes major banks.
The SPDR S&P 500 ETF (SPY) includes major banks whose performance could be influenced by the stress test results. However, the overall impact on SPY may be moderated by its diversified holdings.
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