White House's Kirby Says No Indication Iran Is Interested In An All-Out War In The Region
Portfolio Pulse from Benzinga Newsdesk
In a Fox News interview, White House's Kirby stated there is no indication that Iran is interested in an all-out war in the region. This statement may impact defense and geopolitical-related ETFs.
September 25, 2024 | 7:25 pm
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NEUTRAL IMPACT
EIS, an ETF focused on Israeli equities, may see a neutral impact as the White House indicates no signs of Iran seeking an all-out war.
EIS is an ETF focused on Israeli equities. The statement from the White House suggests stability in the region, which may lead to a neutral impact on EIS.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
ISRA, an ETF tracking Israeli companies, might experience a neutral impact due to the White House's statement on Iran's lack of interest in war.
ISRA tracks Israeli companies, and the White House's statement suggests no immediate threat, leading to a neutral impact.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
SPY, an ETF tracking the S&P 500, may see a neutral impact as geopolitical tensions appear stable with no signs of Iran seeking war.
SPY tracks the S&P 500, and while geopolitical stability is generally positive, the direct impact is limited, leading to a neutral score.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 30