White House Says Would Not Expect To See A Change In U.S. Policy On Friday On Ukraine Use Of Long-Range Weapons Inside Russia
Portfolio Pulse from Benzinga Newsdesk
The White House announced that there will be no change in U.S. policy regarding Ukraine's use of long-range weapons inside Russia. This statement suggests stability in the current geopolitical stance of the U.S. towards the conflict.
September 13, 2024 | 3:46 pm
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NEUTRAL IMPACT
The SPY ETF, which tracks the S&P 500, may experience stability as the White House confirms no change in U.S. policy on Ukraine's use of long-range weapons inside Russia, indicating no immediate escalation in geopolitical tensions.
The SPY ETF is sensitive to geopolitical tensions. The confirmation of no change in U.S. policy suggests no immediate escalation, which may lead to stability in the market.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The VGK ETF, which tracks European stocks, might remain stable as the White House indicates no change in U.S. policy on Ukraine's use of long-range weapons inside Russia, suggesting no immediate increase in geopolitical risks.
VGK is influenced by geopolitical developments in Europe. The U.S. maintaining its current policy suggests no immediate escalation, which may result in stability for European markets.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50