Tel Aviv Stock Exchange leaps after Trump announces pause on tariffs

Sharon Wrobel is a tech reporter for The Times of Israel

View of the Tel Aviv Stock Exchange, April 7, 2025 (Miriam Alster/FLASH90)
View of the Tel Aviv Stock Exchange, April 7, 2025 (Miriam Alster/FLASH90)

Tel Aviv shares leap after US President Donald Trump announces a 90-day pause on plans to impose reciprocal tariffs on dozens of trading partners.

The Tel Aviv Stock Exchange’s benchmark TA-125 index increases 2.9%. The TA-35 index of blue-chip companies gains 2.8%. The TA-90 index, which tracks the shares with the highest capitalization not included in the TA-35 index, is up 3%, and the TA-Insurance and Financial Services index adds 2.8%.

Shares in Asia and Europe advance after US stock indexes soared at the end of trading on Wednesday. The S&P 500 Index jumped 9.5% and the Dow Jones Industrial Average rose 7.9% yesterday.

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