Fed Chair Powell News Conference Ends
Portfolio Pulse from Benzinga Newsdesk
The news conference held by Fed Chair Powell has concluded. The event may have implications for the SPDR S&P 500 ETF Trust (SPY), as it often reacts to Federal Reserve announcements.
September 18, 2024 | 7:21 pm
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NEUTRAL IMPACT
The conclusion of Fed Chair Powell's news conference could impact SPY, as the ETF often responds to Federal Reserve announcements and policy changes.
SPY, as an ETF tracking the S&P 500, is sensitive to Federal Reserve announcements. However, without specific details on the conference content, the immediate impact remains neutral.
CONFIDENCE 80
IMPORTANCE 60
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