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Tel Aviv Stock Exchange Faces Opening Amid Global Declines
The Tel Aviv Stock Exchange is expected to open lower, mirroring declines in New York markets and a negative week for Israeli indices, with TA-35 down 3%. Asian markets are mixed, and oil prices are falling after a recent surge.
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What happened
- 01The Tel Aviv Stock Exchange is expected to open down, continuing a week of losses.
- 02The TA-35 index has fallen 3% and the TA-125 index 3.4% since the start of the week.
- 03Major New York indices, including the Nasdaq and S&P 500, closed lower overnight.
- 04Oil prices are declining after a recent increase driven by Middle East conflict uncertainty.
- 05U.S. President Trump indicated no attack on Iran before the November 3rd midterm elections.
The drop in oil prices comes after President Trump stated the U.S. would not attack Iran before the upcoming midterm elections.
The coverage
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How it broke
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Neutral tone, on average across the newsrooms
