Pentagon Says U.S. Troops Attacked At Least 12 Times In Iraq And 4 Times In Syria In Past Week By Iran-Affiliated Groups
Portfolio Pulse from Benzinga Newsdesk
The Pentagon has reported that U.S. troops were attacked at least 12 times in Iraq and 4 times in Syria in the past week by Iran-affiliated groups. The news may have implications for ETFs like EIS (iShares MSCI Israel ETF), SPY (SPDR S&P 500 ETF Trust), and USO (United States Oil Fund).
October 26, 2023 | 6:52 pm
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POSITIVE IMPACT
The attacks on U.S. troops by Iran-affiliated groups may increase tensions in the Middle East, potentially affecting oil prices and the United States Oil Fund (USO).
The attacks could escalate tensions in the Middle East, which could increase oil prices and, by extension, positively impact the USO ETF.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The attacks on U.S. troops by Iran-affiliated groups may increase tensions in the Middle East, potentially affecting the iShares MSCI Israel ETF (EIS).
The attacks could escalate tensions in the Middle East, which could negatively impact Israeli stocks and, by extension, the EIS ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The attacks on U.S. troops by Iran-affiliated groups may increase global geopolitical risks, potentially affecting the SPDR S&P 500 ETF Trust (SPY).
The attacks could increase global geopolitical risks, which could negatively impact U.S. stocks and, by extension, the SPY ETF.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60