Gaza Strike Spurs Biggest Drop in Three Months: Israel Overnight
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Israeli stocks traded in New York tumbled the most in three months and Mellanox Technologies Ltd.’s U.S.-listed shares sank as the conflict in the Gaza Strip escalated.
The Bloomberg Israel-US Equity Index of the most traded Israeli companies in New York retreated the most since Aug. 13, losing 2.1 percent to 82.24. Mellanox, the Yokneam Elit, Israel-based maker of products used to transfer and store data, plunged