Multiple Blasts Heard In Beirut, According To Reuters Witness, 'Massive Thick Clouds Of Smoke' Rising From City
Portfolio Pulse from Benzinga Newsdesk
A series of explosions have been reported in Beirut, with witnesses describing 'massive thick clouds of smoke' rising from the city. The situation is developing, and the cause of the blasts is currently unknown.
September 27, 2024 | 3:22 pm
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The SPDR S&P 500 ETF (SPY) may experience short-term volatility due to geopolitical tensions following the explosions in Beirut. Investors might react to potential instability in the region.
Geopolitical events such as explosions in a major city can lead to market uncertainty, affecting broad market indices like the S&P 500. While the direct impact on SPY is limited, investor sentiment may cause short-term fluctuations.
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