Published on 26 Sep 2023 on Zacks via Yahoo Finance
Should Wall Street ETFs At All Worry Government Shutdown?
Only four months after narrowly avoiding a government shutdown, the United States, the world's largest economy, is once again facing a looming fiscal crisis. Many may worry that this could result in stock market crash. But history suggests that although markets might experience short-term pressure if shutdown risks intensify, any resolution could lead to renewed buying interest in stocks.
Hence, some top-ranked ETFs including SPDR S&P Semiconductor ETF XSD, SPDR S&P Retail ETF XRT, Technology Select Sector SPDR ETF XLK, Vanguard Mid-Cap ETF VO and iShares S&P 500 Value ETF IVE should be bough if there is any dip in the market..
Historical Insights into Market Behavior