Alerts Warning Against Hostile Aircraft Sound In Haifa City And Nearby Towns; Hamas Armed Wing Says It Shelled Haifa With R160 Rocket
Portfolio Pulse from Benzinga Newsdesk
Hamas Armed Wing has reportedly shelled Haifa city and nearby towns with an R160 rocket, triggering alerts warning against hostile aircraft. The news was reported by Reuters.
October 11, 2023 | 3:41 pm
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POSITIVE IMPACT
The United States Oil Fund (USO) could potentially benefit from the geopolitical tensions in the Middle East, as they may lead to increased oil prices.
The United States Oil Fund (USO) tracks the price of West Texas Intermediate light, sweet crude oil. Geopolitical tensions in the Middle East can often lead to increased oil prices due to potential supply disruptions.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could experience minor fluctuations due to the geopolitical tensions in the Middle East.
The SPDR S&P 500 ETF (SPY) tracks the S&P 500 Index, which includes a broad range of US companies. While geopolitical tensions can cause market volatility, the diverse nature of the index may mitigate the impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) could be negatively impacted due to the increased security risks in Israel.
The iShares MSCI Israel ETF (EIS) tracks the investment results of an index composed of Israeli equities. Increased security risks in the region could negatively impact the performance of these equities, and therefore the ETF.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100