White House's Kirby Says U.S. Military Operations In Syria, Iraq Meant To Disrupt And Prevent Future Attacks; U.S. Is Not Interested In Conflict With Iran
Portfolio Pulse from Benzinga Newsdesk
The White House's Kirby stated that U.S. military operations in Syria and Iraq are aimed at disrupting and preventing future attacks. The U.S. is not interested in conflict with Iran, according to Reuters.
October 27, 2023 | 6:22 pm
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NEGATIVE IMPACT
The news may cause uncertainty in the market, potentially affecting the SPY ETF, which tracks the S&P 500.
The SPY ETF, which tracks the S&P 500, could be affected by any geopolitical uncertainty. The U.S. military operations in Syria and Iraq, as well as the stance towards Iran, could cause such uncertainty.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The news may impact the United States Oil Fund (USO), given the geopolitical implications in oil-rich regions.
The United States Oil Fund (USO) could be impacted by any geopolitical events in oil-rich regions such as Syria, Iraq, and Iran. The U.S. military operations and stance towards Iran could cause such events.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 70