Amid the ongoing conflict between Israel and Iran, Israeli stocks have reached new records while U.S. markets have faced declines.
Israeli Stocks Show Growth
The Tel Aviv 125 index climbed 1.1% during Tuesday's session, adding to the record level reached the day before. The Tel Aviv 35, which includes the largest companies in the country, also gained 1%, setting a new record.
Decline on Wall Street
On Wall Street, the situation appeared significantly less optimistic. The Dow Jones Industrial Average fell by 129 points, or 0.3%. The S&P 500 and Nasdaq Composite indexes both decreased by 0.4%. Investors faced worsening circumstances in the Middle East and negative retail sales data for May.
Oil and Silver Price Movements
Despite the overall drop in stocks, oil and silver prices increased. Brent crude and West Texas Intermediate futures rose more than 2%, linked to reports of a potential truce. Silver prices reached $37.33 per ounce, marking the highest level since February 2012.
Thus, the current market conditions in Israel contrast sharply with the prevailing negative trends in the United States. The escalation of the conflict continues to influence investment strategies worldwide.
