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The Negative Record That Could Be Broken in Tel Aviv, and the Investment Giant That Predicts a Correction on Wall Street

The Negative Record That Could Be Broken in Tel Aviv, and the Investment Giant That Predicts a Correction on Wall Street
Image: globes

The focus of investors will be split between geopolitical tensions and the turmoil in technology stocks • The Tel Aviv Stock Exchange could close its weakest month since October 2023 • The 'Magnificent Seven' are…

— globes

Assessment

Two pressures are converging on global markets. Tel Aviv's exchange faces its worst monthly performance since October 2023, while major US tech stocks are heading toward a historic downturn. The focus splits between geopolitical tension and the tech sector rout, with key US jobs data looming. One large investment firm predicts the S&P 500 will enter a correction soon, signaling a defensive posture ahead.

Read full article at globes →