USA Natural Gas Storage 76B Vs 80B Est.; 82B Prior
Portfolio Pulse from Benzinga Newsdesk
The latest report on USA natural gas storage shows an increase of 76 billion cubic feet, which is below the estimated 80 billion cubic feet and the prior increase of 82 billion cubic feet.
October 17, 2024 | 2:30 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) may experience minor fluctuations due to the natural gas storage report, as energy sector performance can influence the broader market.
The SPY ETF includes energy sector stocks, which may be slightly affected by the natural gas storage report. However, the impact on SPY is likely minimal due to its diversified holdings.
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