Biden Says He Spoke Sunday With Governors Whose States Affected By Hurricane Helene; We're Not Leaving Until The Job Is Done; Will Travel To Areas Affected By Helene But Not Immediately; Will Visit Affected Areas Later This Week; Reports Of 100 Dead, 600 People Unaccounted For After Helene
Portfolio Pulse from Benzinga Newsdesk
President Biden announced he spoke with governors of states affected by Hurricane Helene, which has resulted in 100 deaths and 600 missing persons. He plans to visit the affected areas later this week.
September 30, 2024 | 3:16 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) may experience volatility due to the economic impact of Hurricane Helene, which has caused significant casualties and damage.
Hurricane Helene's impact on the economy could lead to market volatility, affecting SPY. However, the direct impact on SPY is uncertain as it depends on the broader economic response and recovery efforts.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50