FEMA Administrator Criswell Says Hurricane Milton Is Causing Tornadoes Across Florida
Portfolio Pulse from Benzinga Newsdesk
Hurricane Milton is causing tornadoes across Florida, as reported by FEMA Administrator Criswell. This natural disaster could have economic implications, potentially affecting various sectors and the broader market.
October 09, 2024 | 6:15 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) may experience volatility due to Hurricane Milton causing tornadoes in Florida. Natural disasters can impact economic activity and investor sentiment, potentially affecting the broader market.
Hurricane Milton's impact on Florida could lead to economic disruptions, affecting sectors like insurance, construction, and retail. This may influence the broader market, causing potential volatility in SPY.
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