White House Says Biden And Israel's Herzog In Call Monday Reaffirmed Commitment To Achieving Deal In Gaza To Bring Hostages Home, Secure Israel And Alleviate Suffering Of Palestinians
Portfolio Pulse from Benzinga Newsdesk
President Biden and Israel's President Herzog discussed efforts to secure a deal in Gaza to bring hostages home, ensure Israel's security, and alleviate Palestinian suffering.
October 07, 2024 | 4:10 pm
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POSITIVE IMPACT
The reaffirmed commitment between the US and Israel may positively impact the iShares MSCI Israel ETF (EIS) by enhancing diplomatic relations and stability in the region.
The discussion between Biden and Herzog focuses on regional stability, which is crucial for Israeli markets. EIS, being an Israel-focused ETF, could benefit from improved diplomatic relations and potential stability.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The commitment to a deal in Gaza could positively influence the VanEck Vectors Israel ETF (ISRA) by fostering regional stability and improved US-Israel relations.
ISRA, an ETF focused on Israeli equities, may see positive effects from enhanced US-Israel relations and efforts to stabilize the region, as discussed by Biden and Herzog.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80