Houthi Military Spokesperson Says Group Launched Ballistic Missiles On Israel's Eilat
Portfolio Pulse from Benzinga Newsdesk
Houthi military spokesperson announced that the group has launched ballistic missiles on Israel's Eilat. The potential impact on US-listed ETFs EIS (iShares MSCI Israel ETF) and SPY (SPDR S&P 500 ETF Trust) is uncertain.
November 09, 2023 | 7:42 pm
News sentiment analysis
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NEGATIVE IMPACT
The missile attack on Israel's Eilat could potentially impact the iShares MSCI Israel ETF (EIS).
The missile attack on Eilat, Israel could create a sense of instability in the region, potentially leading to a decrease in investor confidence in Israeli assets, including the EIS ETF.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The missile attack on Israel's Eilat could potentially impact the SPDR S&P 500 ETF Trust (SPY) due to potential geopolitical risks.
Geopolitical risks, such as missile attacks, can create uncertainty in global markets, potentially impacting broad market ETFs like SPY.
CONFIDENCE 50
IMPORTANCE 60
RELEVANCE 60