Trump’s repeated refusal to endorse any Israeli party ahead of the October 27 Knesset vote has anchored trader pricing, with “No Endorsement” at 77.5 percent. In early October interviews, the president sidestepped direct questions about Netanyahu three times, stating he was “not involved in politics anymore” while offering only general praise for Israel’s security relationship and noting he heard nothing negative about opposition figure Gadi Eisenkot. Earlier signals of possible support for Likud faded after policy frictions and shifting Israeli polling, leaving that party at 11.5 percent. The absence of any public Trump statement backing another list has kept all remaining options at minimal levels, reflecting the market’s assessment that an endorsement before election day remains unlikely.