Florida Gov. Ron DeSantis In Press Conference Regarding Hurricane Milton, Says "We have 5,000 National Guard That Are On Duty, That Will Expand To 8,000 Very Very Soon"
Portfolio Pulse from Benzinga Newsdesk
Florida Governor Ron DeSantis announced in a press conference that the National Guard deployment will increase from 5,000 to 8,000 in response to Hurricane Milton.
October 08, 2024 | 7:24 pm
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NEUTRAL IMPACT
The announcement of increased National Guard deployment in Florida due to Hurricane Milton may have a neutral impact on SPY, as it reflects state-level emergency response rather than broader economic factors.
The news pertains to a state-level emergency response, which is unlikely to have a significant impact on SPY, an ETF that tracks the S&P 500 index. The broader market is more influenced by national and global economic factors.
CONFIDENCE 80
IMPORTANCE 10
RELEVANCE 20