Four Governors Including New York, New Jersey Say It Is "Critical" USMX, Union Reach Fair Agreement Soon On Contract That Will Reopen Ports
Portfolio Pulse from Benzinga Newsdesk
Four governors, including those from New York and New Jersey, emphasize the urgency for USMX and the union to reach a fair contract agreement to reopen ports. This situation could impact trade and related sectors.
October 03, 2024 | 7:49 pm
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The ongoing port closure due to contract disputes between USMX and the union could affect the broader market, impacting SPY as it reflects the S&P 500 index.
SPY, as an ETF tracking the S&P 500, could be affected by disruptions in trade and supply chains due to port closures. The urgency expressed by governors highlights potential economic impacts.
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