U.S. Secretary Of State Blinken Says U.S. Has Provided Israel Advice On How To Minimize Civilian Deaths While Still Achieving Its Objective To Finish Hamas; Protection Of Civilians Should Not Only Be In Gaza But Also In The West Bank
Portfolio Pulse from Benzinga Newsdesk
U.S. Secretary of State, Blinken, has stated that the U.S. has provided Israel with advice on how to minimize civilian deaths while still achieving its objective to finish Hamas. He emphasized that the protection of civilians should be extended to both Gaza and the West Bank.
November 03, 2023 | 1:38 pm
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NEUTRAL IMPACT
The news may have a minimal impact on the SPDR S&P 500 ETF (SPY) as it is a broad market ETF and not specifically focused on Israel.
The SPDR S&P 500 ETF (SPY) is a broad market ETF and not specifically focused on Israel. Therefore, the impact of the news on SPY is expected to be minimal.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 20
NEUTRAL IMPACT
The news may have a minimal impact on the United States Oil Fund (USO) as it is not directly related to oil prices or production.
The United States Oil Fund (USO) is focused on oil prices and production. The news about the U.S. involvement in the Israel conflict is not directly related to oil prices or production, hence the impact on USO is expected to be minimal.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 20
NEGATIVE IMPACT
The news may impact investor sentiment towards the iShares MSCI Israel ETF (EIS) due to the ongoing conflict in Israel.
The ongoing conflict in Israel and the involvement of the U.S. could lead to increased volatility in the Israeli market, potentially affecting the performance of the iShares MSCI Israel ETF (EIS).
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80