USA Exports For July $266.60B Vs 265.90B
Portfolio Pulse from Benzinga Newsdesk
The USA's exports for July increased to $266.60 billion, up from $265.90 billion. This slight increase in exports may have implications for the broader market, including ETFs like SPY that track the S&P 500.
September 04, 2024 | 12:31 pm
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The increase in USA exports for July to $266.60 billion from $265.90 billion may have a positive impact on SPY, an ETF that tracks the S&P 500, as it reflects a slight improvement in economic activity.
The increase in exports suggests a slight improvement in economic activity, which can positively influence the broader market. SPY, as an ETF tracking the S&P 500, may benefit from this economic indicator.
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