Biden, Harris Will Meet National Security Team On Tuesday On Next Steps In Israel
Portfolio Pulse from Bill Haddad
President Biden and Vice President Harris are scheduled to meet with their national security team on Tuesday to discuss the next steps in Israel. The meeting could potentially influence US foreign policy.
October 10, 2023 | 1:35 pm
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NEUTRAL IMPACT
The meeting between Biden, Harris, and the national security team could potentially influence the performance of the iShares MSCI Israel ETF (EIS), depending on the outcome of the discussions.
The ETF EIS tracks the investment results of an index composed of Israeli equities. Any significant changes in US-Israel relations or policies could potentially affect the performance of Israeli equities, and by extension, the EIS ETF.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could potentially be indirectly affected by the meeting, as changes in US foreign policy can influence overall market sentiment.
The SPY ETF tracks the S&P 500, a broad market index. Changes in US foreign policy can influence overall market sentiment, which could potentially affect the performance of the SPY ETF.
CONFIDENCE 50
IMPORTANCE 60
RELEVANCE 50