Wall Street Tech Gains Lift Sentiment as Tel Aviv Eyes Markets

Wall Street closed mixed with the Nasdaq rising 1.1% as markets monitor US Defense Secretary Pete Hegseth's visit to Israel and potential developments regarding Iran.

Source:Calcalist
Wall Street Tech Gains Lift Sentiment as Tel Aviv Eyes Markets
Photo: U.S. Department of Defense (Official Photo by Chad J. McNeeley, VIRIN 250127-D-PB383-1001)

Wall Street finished mixed in New York yesterday as the Nasdaq rose 1.1% and the S&P 500 gained 0.4%, while the Dow Jones slipped 0.1%. Markets are closely monitoring regional security developments following US Secretary of Defense Pete Hegseth's visit to Israel and reports regarding potential discussions on renewing military operations against Iran.

Ahead of the Tel Aviv Stock Exchange opening, local investors are reacting to the overnight tech sector gains in the US. In the previous session, domestic indices closed lower, with both the TA-35 and TA-125 dropping 0.5%.

Sector performance in Tel Aviv varied significantly yesterday, with the TA Renewable Energy index tumbling 3.1%, whereas the TA Oil and Gas index advanced 1.5%.

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