Iran's Foreign Minister Says That If 'Genocide' In Gaza Continues, U.S. Will Not Be Spared 'From This Fire'; Hamas Is Ready To Release Civilian Prisoners, World Should Support Release Of 6000 Palestinian Prisoners
Portfolio Pulse from Benzinga Newsdesk
Iran's Foreign Minister has warned that if the 'genocide' in Gaza continues, the U.S. will not be spared 'from this fire'. Additionally, Hamas is ready to release civilian prisoners and the world should support the release of 6000 Palestinian prisoners.
October 26, 2023 | 3:48 pm
News sentiment analysis
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NEGATIVE IMPACT
The ongoing conflict in Gaza and Iran's warning to the U.S. could potentially impact the iShares MSCI Israel ETF (EIS) due to its exposure to the region.
The iShares MSCI Israel ETF (EIS) tracks the investment results of an index composed of Israeli equities. The ongoing conflict in Gaza and the potential for increased tensions in the region could negatively impact the performance of these equities, and therefore the ETF.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) could potentially be impacted by Iran's warning to the U.S. due to the potential for increased geopolitical risk.
The SPDR S&P 500 ETF (SPY) tracks the performance of the S&P 500 Index. Increased geopolitical risk due to Iran's warning to the U.S. could potentially lead to increased market volatility, which could impact the performance of the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
The United States Oil Fund (USO) could potentially be impacted by Iran's warning to the U.S. due to the potential for increased geopolitical risk in the Middle East, a major oil-producing region.
The United States Oil Fund (USO) tracks the price of West Texas Intermediate light, sweet crude oil. Increased geopolitical risk in the Middle East due to Iran's warning to the U.S. could potentially disrupt oil production in the region, which could impact the price of oil and therefore the performance of the ETF.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 70