White House's Kirby Says Water, Food On Trucks That Have Entered Gaza, But Not Fuel; Right Now Still Unable To Get Americans And Other Foreign Nationals Out Of Gaza
Portfolio Pulse from Benzinga Newsdesk
White House's Kirby announced that trucks carrying water and food have entered Gaza, but not fuel. However, they are still unable to evacuate Americans and other foreign nationals from Gaza.
October 31, 2023 | 6:05 pm
News sentiment analysis
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NEGATIVE IMPACT
The situation in Gaza may affect the performance of the iShares MSCI Israel ETF (EIS) due to potential geopolitical risks.
The ongoing situation in Gaza could lead to increased geopolitical risks in the region, which may negatively impact the performance of the iShares MSCI Israel ETF (EIS).
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) may experience minor impacts due to the geopolitical situation in Gaza.
While the SPDR S&P 500 ETF (SPY) is a broad market ETF, geopolitical tensions can have minor impacts on overall market sentiment and thus, the ETF.
CONFIDENCE 60
IMPORTANCE 40
RELEVANCE 30
NEUTRAL IMPACT
The United States Oil Fund (USO) may be indirectly affected due to the lack of fuel entering Gaza.
The lack of fuel entering Gaza could potentially affect oil prices and thus, the performance of the United States Oil Fund (USO). However, the direct impact is uncertain.
CONFIDENCE 65
IMPORTANCE 50
RELEVANCE 50