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EIS

Crude oil prices surged 4.9% to $78.41 per barrel, marking the largest one-day increase since October 2023, due to escalating geopolitical tensions in the Middle East. Iran's supreme leader has ordered retaliation against Israel, raising fears of disruptions in the oil supply chain. The UN Security Council held an emergency meeting to address the situation. The Israeli shekel fell 1% against the dollar, while the iShares MSCI Israel ETF (NYSE:EIS) closed 0.2% higher.

Portfolio Pulse from Piero Cingari

July 31, 2024 | 9:20 pm

GLD

SPY

USO

Iran's Supreme Leader Ayatollah Ali Khamenei has reportedly ordered a direct strike on Israel in retaliation for the killing of Hamas leader Ismail Haniyeh. This escalation could lead to increased tensions and potential conflict in the Middle East. The SPDR S&P 500 ETF Trust (SPY), SPDR Gold Shares (GLD), and United States Oil Fund (USO) have seen price movements in response to the news.

Portfolio Pulse from Michael Cohen

July 31, 2024 | 8:19 pm

EIS

ISRA

SPY

Iran's Supreme Leader Ayatollah Ali Khamenei has ordered a direct attack on Israel in response to the assassination of Ismail Haniyeh, according to three Iranian sources reported by The New York Times.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 7:27 pm

UAL

United Airlines has suspended its daily flights from the U.S. to Tel Aviv due to security concerns.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 6:46 pm

EIS

ISRA

SPY

The US State Department has advised Americans to avoid northern Israel near Syria due to rising tensions between Israel and Hezbollah.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 5:37 pm

EIS

SPY

USO

Israeli Prime Minister Benjamin Netanyahu announced that Israel has delivered significant blows to Iranian proxies and warned of a heavy price for any aggression. He stated that Israel is prepared for all scenarios and anticipates challenging days ahead.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 5:23 pm

EIS

SPY

USO

The US State Department has expressed confidence in its ability to communicate with Hamas, according to spokesman Vedant Patel. This development could have implications for geopolitical stability and related markets.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 5:15 pm

INDA

A ransomware attack on a technology service provider has forced payment systems across nearly 300 small Indian local banks to shut down temporarily.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:20 pm

AN

AutoNation, Inc. (NYSE:AN) reported Q2 earnings that missed analyst expectations due to a cyber incident at CDK Global. Despite the miss, the company showed strong cash flow and capital allocation, including significant share repurchases. AN shares rose 6.78% following the report.

Portfolio Pulse from Nabaparna Bhattacharya

July 31, 2024 | 3:00 pm