Getting your Trinity Audio player ready...
The Tel Aviv Stock Exchange began trading with declines in the leading indices. The Tel Aviv Stock Exchange 35, Tel Aviv 90 and Tel Aviv 125 are down more than 2%. Tel Aviv 35 is down 2.2%, Tel Aviv 90 is down 2.4% and Tel Aviv 125 is down 2.3%. In addition, Tel Aviv Technology is down 4.2%, and Tel Aviv Industry is down 3.3%. The reason for the current drop in the indices is the decline in contracts on Wall Street surrounding the threat of the Chinese artificial intelligence model DeepSeek, which is showing excellent performance and putting pressure on competitors around the world. For example, Nasdaq contracts are down 4.2%, and S&P 500 contracts are down 2.5%. In the pre-market on Wall Street, Broadcom fell 13%, and Nvidia 11%.