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Markets3h 8m ago

U.S. stocks rallied to their best day in two months, and oil prices fell Thursday after President Donald Trump called off his threat to bomb Iran.

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United States

Who
President Donald Trump, S&P 500, Dow Jones Industrial Average, Nasdaq composite, Marvell Technology, Oracle, Lam Research, KLA, Federal Reserve, Kevin Warsh
What
U.S. stocks rallied to their best day in two months, and oil prices fell Thursday after President Donald Trump called off his threat to bomb Iran.
When
Thu, 11 Jun 2026 20:45:22 GMT · 3h 8m ago
Where
United States ·
Why
President Trump's announcement of high-level discussions with Iran raised hopes for a deal that could reopen the Strait of Hormuz and allow global oil flow.
The Frontline Impact

How this affects you

The prospect of resumed oil flow and a potential end to the Iran-related conflict led to a significant rally in US stock markets and a drop in oil prices. This also reduced the likelihood of further interest rate hikes by the Federal Reserve, easing concerns about inflation and supporting broader economic stability.

Story chain

10 events in this thread
  1. Markets1h 43m ago
    US stocks rallied and oil prices tumbled Thursday after US President Trump announced the cancellation of planned US strikes on Iran and touted an agreement with Iran.
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  2. Markets2h 16m ago
    Wall Street stocks rallied and oil prices tumbled Thursday (Jun 11) after US President Donald Trump pulled back from renewed US strikes on Iran.
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  3. Markets2h 16m ago
    Wall Street stocks rallied and oil prices tumbled Thursday after US President Donald Trump pulled back from renewed US strikes on Iran while European equities edged higher after the ECB raised interest rates.
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  4. Markets2h 16m ago
    Wall Street stocks rallied and oil prices tumbled Thursday (Jun 11) after US President Donald Trump pulled back from renewed US strikes on Iran.
    Open article
  5. Markets2h 35m ago
    US President Donald Trump on Thursday pulled back from threatened military strikes against Iran, hours after vowing to hit the Islamic Republic 'VERY HARD'.
    Open article
  6. Currently Reading3h 8m ago
    U.S. stocks rallied to their best day in two months, and oil prices fell Thursday after President Donald Trump called off his threat to bomb Iran.
  7. Markets3h 18m ago
    Stock indexes settled sharply higher on Thursday, after geopolitical risks eased when President Trump canceled planned strikes on Iran and signaled that a peace deal to end the war was imminent.
    Open article
  8. Markets3h 35m ago
    U.S. stocks rallied to their best day in two months, and oil prices fell after President Donald Trump called off his threat to bomb Iran.
    Open article
  9. Markets3h 36m ago
    Risk sentiment improved markedly on Thursday after US President Trump touted a deal with Iran and announced that planned US strikes scheduled for tonight had been cancelled.
    Open article
  10. Markets4h 44m ago
    US stocks, including chip stocks, rebounded on Thursday afternoon after President Trump announced he called off impending strikes on Iran.
    Open article

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