Hamas Says It Will Begin Executing An Israeli Civilian Captive In Return For Any New Israeli Israeli Bombing Of Civilian Houses Without Pre-Warning
Portfolio Pulse from Benzinga Newsdesk
Hamas has announced that it will begin executing an Israeli civilian captive if Israel conducts any new bombings of civilian houses without pre-warning. This development could potentially escalate tensions in the region.
October 09, 2023 | 4:59 pm
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POSITIVE IMPACT
The United States Oil Fund (USO) could potentially benefit from any escalation in Middle East tensions.
The United States Oil Fund (USO) tracks the price of West Texas Intermediate light, sweet crude oil. Any escalation in Middle East tensions could disrupt oil supply and potentially drive up oil prices, which could benefit this ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) could be negatively impacted by the escalating tensions in the region.
The iShares MSCI Israel ETF (EIS) tracks the investment results of an index composed of Israeli equities. Any escalation in regional tensions could negatively impact the Israeli economy and, by extension, the performance of this ETF.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) may experience some volatility due to potential geopolitical risks.
The SPDR S&P 500 ETF (SPY) tracks the S&P 500 Index, which includes companies with significant global operations. Any geopolitical risks could cause market volatility and impact the performance of this ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60