Israeli Military Says No Ceasefire In Gaza, Just Tactical, Local Pauses For Humanitarian Aid
Portfolio Pulse from Benzinga Newsdesk
The Israeli military has announced that there will be no ceasefire in Gaza, but there will be tactical, local pauses for humanitarian aid, according to Reuters.
November 09, 2023 | 5:10 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) may see minimal impact from the ongoing conflict in Gaza due to its broad exposure to the US market.
The SPDR S&P 500 ETF (SPY) tracks the S&P 500 Index, which is composed of large-cap U.S. equities. While global geopolitical events can have an impact on the overall market, the direct impact of the conflict in Gaza on the U.S. market, and therefore on SPY, is likely to be minimal due to its broad exposure.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 20
NEGATIVE IMPACT
The ongoing conflict in Gaza may impact the iShares MSCI Israel ETF (EIS) due to potential instability in the region.
The iShares MSCI Israel ETF (EIS) tracks the investment results of an index composed of Israeli equities. The ongoing conflict in Gaza could lead to instability in the region, which may negatively impact the performance of Israeli equities and, by extension, the EIS ETF.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100