Israel's Military Says It Is Responding With Artillery Fire To Rocket Launches From Lebanon
Portfolio Pulse from Bill Haddad
Israel's military is responding to rocket launches from Lebanon with artillery fire, according to Reuters. The iShares MSCI Israel ETF (EIS) may be indirectly affected by these geopolitical tensions.
October 10, 2023 | 2:51 pm
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The iShares MSCI Israel ETF (EIS) could be indirectly affected by the escalating geopolitical tensions between Israel and Lebanon.
Geopolitical tensions can have a negative impact on the stock market, especially for ETFs like EIS that track a specific country's performance. Investors may perceive increased risk and pull out of the market, leading to potential price drops.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75