Israel's Defense Minister Gallant Says 'We Will Topple The Hamas Government And Destroy Its Military Capability'
Portfolio Pulse from Benzinga Newsdesk
Israel's Defense Minister, Gallant, has announced plans to topple the Hamas government and destroy its military capability.
October 13, 2023 | 11:43 am
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NEGATIVE IMPACT
The announcement by Israel's Defense Minister could lead to increased conflict in the region, potentially impacting the performance of the iShares MSCI Israel ETF (EIS).
The iShares MSCI Israel ETF (EIS) tracks the investment results of an index composed of Israeli equities. Increased conflict in the region could negatively impact the performance of these equities, and therefore the ETF.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The announcement could potentially lead to increased global geopolitical tensions, which may impact the performance of the SPDR S&P 500 ETF (SPY).
The SPDR S&P 500 ETF (SPY) tracks the performance of the S&P 500 Index. Increased geopolitical tensions could lead to increased market volatility, potentially impacting the performance of the ETF.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 60