Recent attacks by Houthi rebels are making U.S. executives nervous to travel to the Future Investment Initiative conference in Saudi Arabia next week.
The gathering, often called "Davos in the Desert," is scheduled to take place in Riyadh, but security concerns are mounting after a wave of strikes attributed to the Houthi movement.
Some Wall Street leaders are now weighing whether to bail on the high-profile event, which draws billions in investment commitments and high-level political and business speakers.
Organizers and attendees are monitoring the situation closely as the conference approaches, with decisions on participation expected to be made in the coming days.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing