White House Says Biden Call With Israel's Netanyahu Was Direct And Productive; Says Call Lasted 30 Minutes; Discussions On The Iran Attack Continued
Portfolio Pulse from Benzinga Newsdesk
President Biden had a direct and productive 30-minute call with Israel's Prime Minister Netanyahu, focusing on the recent Iran attack. The discussion highlights ongoing geopolitical tensions in the region.
October 09, 2024 | 6:27 pm
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NEUTRAL IMPACT
The iShares MSCI Israel ETF (EIS) could be impacted by the geopolitical discussions between the US and Israel, particularly concerning Iran.
The ETF is directly related to Israeli markets, which could be affected by geopolitical tensions discussed in the call.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The VanEck Vectors Israel ETF (ISRA) might experience fluctuations due to the US-Israel discussions on Iran, reflecting potential impacts on Israeli equities.
ISRA is tied to Israeli equities, which may be influenced by the geopolitical climate discussed in the call.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) might see minor impacts from the geopolitical discussions, as broader market sentiment could be influenced by US foreign policy.
While SPY is a broad market ETF, geopolitical tensions can influence overall market sentiment, albeit indirectly.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The United States Oil Fund (USO) could be affected by the geopolitical tensions discussed, as Middle East stability is crucial for oil markets.
USO is sensitive to geopolitical tensions in the Middle East, which can affect oil supply and prices.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 60