U.S. Vetoes UN Security Council Resolution On Israel, Gaza; U.S. Envoy To UN Says 'We Are On The Ground Doing The Hard Work Of Diplomacy'
Portfolio Pulse from Benzinga Newsdesk
The U.S. has vetoed a UN Security Council resolution on Israel and Gaza. The U.S. envoy to the UN stated that they are actively involved in diplomatic efforts on the ground.

October 18, 2023 | 2:32 pm
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NEGATIVE IMPACT
The U.S. veto on the UN resolution may impact the stability in Israel, potentially affecting the iShares MSCI Israel ETF (EIS).
The U.S. veto on the UN resolution could lead to continued instability in the region, which may negatively impact the performance of the iShares MSCI Israel ETF (EIS).
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The U.S. veto on the UN resolution may lead to increased geopolitical tensions, potentially affecting the SPDR S&P 500 ETF (SPY).
The U.S. veto on the UN resolution could escalate geopolitical tensions, which may negatively impact the performance of the SPDR S&P 500 ETF (SPY).
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
The U.S. veto on the UN resolution may lead to increased geopolitical tensions in the Middle East, potentially affecting the United States Oil Fund (USO).
The U.S. veto on the UN resolution could escalate tensions in the Middle East, which may negatively impact the performance of the United States Oil Fund (USO).
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
The U.S. veto on the UN resolution may lead to increased geopolitical tensions, potentially affecting the Vanguard FTSE Europe ETF (VGK).
The U.S. veto on the UN resolution could escalate geopolitical tensions, which may negatively impact the performance of the Vanguard FTSE Europe ETF (VGK).
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60