President Biden Says U.S. Continues To Monitor Situation In Israel, Says He Spoke To Netanyahu On Wednesday
Portfolio Pulse from Benzinga Newsdesk
President Biden has stated that the U.S. is continuing to monitor the situation in Israel, and that he spoke to Netanyahu on Wednesday. This information was reported by Reuters.
October 11, 2023 | 4:04 pm
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NEUTRAL IMPACT
The situation in Israel being monitored by the U.S. 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. Any significant changes in the political or security situation in Israel could potentially impact the performance of this ETF.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The S&P 500 ETF (SPY) could potentially be impacted by the U.S.'s monitoring of the situation in Israel.
The S&P 500 ETF (SPY) tracks the performance of 500 large companies listed on stock exchanges in the United States. Any geopolitical tensions could potentially impact the overall market sentiment and thus the performance of this ETF.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The U.S. Oil Fund (USO) could potentially be impacted by the U.S.'s monitoring of the situation in Israel.
The U.S. Oil Fund (USO) tracks the price of West Texas Intermediate light, sweet crude oil. Any geopolitical tensions in the Middle East could potentially impact oil prices and thus the performance of this ETF.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50