Netanyahu Calls On Parliamentary Opposition To Form Broad Coalition Government; Says Airstrikes Against Hamas Are 'Just The Beginning'
Portfolio Pulse from Benzinga Newsdesk
Israeli Prime Minister Netanyahu has called on the parliamentary opposition to form a broad coalition government. He also stated that the recent airstrikes against Hamas are 'just the beginning'.
October 09, 2023 | 6:46 pm
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POSITIVE IMPACT
The ongoing conflict in the Middle East could potentially impact the United States Oil Fund (USO) due to potential disruptions in oil supply.
The United States Oil Fund (USO) tracks the price of West Texas Intermediate light, sweet crude oil. Any conflict in the Middle East could potentially disrupt oil supply and impact the performance of the ETF.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
The political instability and ongoing conflict in Israel could potentially impact the iShares MSCI Israel ETF (EIS).
The iShares MSCI Israel ETF (EIS) tracks the investment results of an index composed of Israeli equities. Therefore, any political instability or conflict in the country could potentially impact the performance of the ETF.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The ongoing conflict in Israel could potentially have a minor impact on the SPDR S&P 500 ETF (SPY) due to its global exposure.
The SPDR S&P 500 ETF (SPY) tracks the S&P 500 Index, which includes companies with global operations. Therefore, geopolitical events can have a minor impact on the ETF's performance.
CONFIDENCE 60
IMPORTANCE 40
RELEVANCE 30