US NFIB July Small Business Index 93.7 Vs 91.5 In June
Portfolio Pulse from Benzinga Newsdesk
The US NFIB Small Business Index for July increased to 93.7 from 91.5 in June, indicating improved sentiment among small businesses.
August 13, 2024 | 10:04 am
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The increase in the US NFIB Small Business Index to 93.7 in July from 91.5 in June suggests improved sentiment among small businesses, which could positively impact the broader market and SPY.
The NFIB Small Business Index is a key indicator of small business sentiment. An increase in the index suggests that small businesses are feeling more optimistic, which can have a positive impact on the broader market. SPY, being an ETF that tracks the S&P 500, could benefit from this improved sentiment.
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