U.S. Secretary Of State Blinken Says We Need To Do More To Protect Palestinian Civilians; Has Spoken With Netanyahu And Other Israeli Officials About Concrete Steps On Minimizing Civilian Death Toll
Portfolio Pulse from Benzinga Newsdesk
U.S. Secretary of State, Blinken, has expressed the need for more action to protect Palestinian civilians. He has communicated with Netanyahu and other Israeli officials about concrete steps to minimize the civilian death toll.
November 03, 2023 | 1:39 pm
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NEUTRAL IMPACT
The iShares MSCI Israel ETF (EIS) could be affected by the ongoing discussions between the U.S. and Israeli officials regarding the protection of Palestinian civilians.
The ETF EIS, which tracks the investment results of an index composed of Israeli equities, could be influenced by the geopolitical situation in Israel. However, the direct impact of these discussions on the ETF's performance is uncertain.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) is unlikely to be significantly affected by the discussions between the U.S. and Israeli officials.
The SPY ETF, which tracks the S&P 500 index, is broadly diversified across many sectors and companies. Therefore, geopolitical events in the Middle East are unlikely to have a significant direct impact on its performance.
CONFIDENCE 85
IMPORTANCE 40
RELEVANCE 30