Democratic Leader Schumer Says U.S. Senate Will Not Take Up House Funding Bill On Israel; Senate Will Work On Its Own Bipartisan Emergency Aid Package That Includes Aid To Israel, Ukraine
Portfolio Pulse from Benzinga Newsdesk
Democratic Leader Schumer announced that the U.S. Senate will not consider the House funding bill on Israel, but will work on its own bipartisan emergency aid package that includes aid to Israel and Ukraine.
November 02, 2023 | 2:23 pm
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POSITIVE IMPACT
The U.S. Senate's decision to work on its own aid package for Israel could potentially impact the iShares MSCI Israel ETF (EIS).
The U.S. Senate's decision to work on its own aid package for Israel could potentially lead to increased investment in Israel, which could positively impact the performance of the iShares MSCI Israel ETF (EIS).
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The U.S. Senate's decision to include aid to Ukraine in its own aid package could potentially impact the Vanguard FTSE Europe ETF (VGK).
The U.S. Senate's decision to include aid to Ukraine in its own aid package could potentially lead to increased investment in Ukraine, which could positively impact the performance of the Vanguard FTSE Europe ETF (VGK).
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The U.S. Senate's decision to bypass the House funding bill and work on its own aid package could potentially impact the SPDR S&P 500 ETF (SPY).
The U.S. Senate's decision could lead to political uncertainty, which could potentially impact the performance of the SPDR S&P 500 ETF (SPY). However, the direct impact is uncertain.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60