The Tel Aviv Stock Exchange on Tuesday pushed back on an explosive report by a pair of prominent US researchers suggesting Hamas terrorists may have profited by betting against Israel’s economy before the deadly Oct. 7 attack. Law professors Robert Jackson Jr. from New York University and Joshua Mitts of Columbia University published the report — titled “Trading on Terror?” — that found significant short-selling of shares leading up to the attacks. The activity, they said, “exceeded the short-selling that occurred during numerous other periods of crisis” such as the 2008 financial crisis and COVID-19. They wrote that for investors...