White House's Kirby Says Exploring The Idea Of Taking As Many Pauses As Necessary To Get People Out Of Gaza And Aid In
Portfolio Pulse from Benzinga Newsdesk
The White House's Kirby has announced that they are exploring the idea of taking as many pauses as necessary to evacuate people from Gaza and provide aid. No specific plans or timelines were mentioned.
November 02, 2023 | 6:00 pm
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NEGATIVE IMPACT
The news may indirectly affect the iShares MSCI Israel ETF (EIS) due to potential geopolitical instability in the region.
The iShares MSCI Israel ETF (EIS) tracks the investment results of an index composed of Israeli equities. Any geopolitical instability in the region, such as the current situation in Gaza, could potentially affect the performance of the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The news is unlikely to have a significant impact on the SPDR S&P 500 ETF (SPY) as it is a broad market index fund.
The SPDR S&P 500 ETF (SPY) tracks the performance of the S&P 500 Index. As such, it is influenced by a wide range of factors and individual geopolitical events are unlikely to have a significant impact unless they have broader market implications.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 30
NEUTRAL IMPACT
The news is unlikely to have a significant impact on the United States Oil Fund (USO) unless it leads to disruptions in oil supply.
The United States Oil Fund (USO) tracks the price of West Texas Intermediate light, sweet crude oil. Unless the situation in Gaza leads to disruptions in oil supply, it is unlikely to have a significant impact on the fund.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 30