White House Says Biden Kept Informed In Real Time On Hezbollah-Israel Developments, Assumes Iran Prepared To Attack Israel, U.S. Remains In Constant Contact With Israeli Counterparts
Portfolio Pulse from Benzinga Newsdesk
The White House has stated that President Biden is being kept informed in real-time about the developments between Hezbollah and Israel. The U.S. assumes that Iran is prepared to attack Israel and remains in constant contact with Israeli counterparts.
August 26, 2024 | 5:52 pm
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NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) might experience some volatility due to geopolitical tensions in the Middle East, although the direct impact may be limited.
While SPY is a broad market ETF, geopolitical tensions can cause market-wide volatility, though the direct impact on the U.S. market may be limited.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50
NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) could be impacted by the heightened tensions between Hezbollah and Israel, as well as the potential threat from Iran.
The ETF is directly related to the Israeli market, which could be affected by geopolitical tensions and potential military actions involving Israel.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80