White House Says Monitoring Situation In West Bank Closely; Support Israel's Security And Right To Defend Itself
Portfolio Pulse from Benzinga Newsdesk
The White House has announced that it is closely monitoring the situation in the West Bank and supports Israel's security and right to defend itself.
July 03, 2023 | 2:34 pm
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NEUTRAL IMPACT
The situation in the West Bank could potentially impact the iShares MSCI Israel ETF (EIS) due to its exposure to Israeli markets.
The ETF EIS, which tracks the performance of the Israeli market, could be affected by the situation in the West Bank. However, the extent of the impact is uncertain and depends on how the situation evolves.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The situation in the West Bank is unlikely to have a significant impact on the SPDR S&P 500 ETF (SPY) due to its broad market exposure.
The SPY ETF, which tracks the S&P 500, is unlikely to be significantly affected by the situation in the West Bank due to its broad market exposure. The impact on the overall US market is expected to be minimal.
CONFIDENCE 85
IMPORTANCE 40
RELEVANCE 30