Market Downturn Continues

The Tel Aviv Stock Exchange witnessed a significant decline as US global tariffs and renewed tensions in Gaza dampened investor sentiment. The TA-35, TA-125, and TA-90 indexes all recorded substantial losses in early trading.

Political Efforts to Mitigate Impact

Israeli Prime Minister Benjamin Netanyahu is slated to meet with US President Donald Trump to discuss potential tariff reductions. Concurrently, Finance Minister Bezalel Smotrich has initiated negotiations with the US administration to address duty-related concerns.

Underlying Causes of Market Pessimism

Beyond tariffs, the resurgence of conflict in Gaza and the bleak outlook for a new ceasefire agreement have further exacerbated the market's downward trajectory.