Major indexes are higher after May PCE figures were in line with estimates but fell from prior readings.
Portfolio Pulse from Benzinga Newsdesk
Major indexes are higher after May PCE figures were in line with estimates but fell from prior readings.
June 28, 2024 | 1:42 pm
News sentiment analysis
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POSITIVE IMPACT
The Dow Jones Industrial Average ETF (DIA) is likely to see a positive impact as major indexes rise following May PCE figures meeting estimates.
The Dow Jones Industrial Average ETF (DIA) is expected to benefit from the overall positive market sentiment as major indexes rise due to May PCE figures meeting estimates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The Russell 2000 ETF (IWM) is likely to see a positive impact as major indexes rise following May PCE figures meeting estimates.
The Russell 2000 ETF (IWM) is expected to benefit from the overall positive market sentiment as major indexes rise due to May PCE figures meeting estimates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The Nasdaq-100 ETF (QQQ) is likely to see a positive impact as major indexes rise following May PCE figures meeting estimates.
The Nasdaq-100 ETF (QQQ) is expected to benefit from the overall positive market sentiment as major indexes rise due to May PCE figures meeting estimates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The S&P 500 ETF (SPY) is likely to see a positive impact as major indexes rise following May PCE figures meeting estimates.
The S&P 500 ETF (SPY) is expected to benefit from the overall positive market sentiment as major indexes rise due to May PCE figures meeting estimates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80