Global Stocks Wobble as Trump Ends Israel Aid

Global equities wobbled and oil prices fell after President Trump announced an end to aid for Israel. Investors also monitored US midterm elections and shifting currency markets.

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FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, United States, October 30, 2026. REUTERS/Brendan McDermid/File Photo

Global equity markets wobbled Tuesday afternoon after United States President Donald Trump announced plans to halt $4 billion in aid to Israel. The announcement triggered a 1.45% drop in Brent Crude Oil to $103.28 a barrel during Tuesday afternoon trade. Investors are weighing the geopolitical fallout alongside congressional midterm elections that could reshape federal regulatory oversight.