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Markets2h 2m 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.

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US, Middle East, Iran, Kuwait, Bahrain, Jordan, Strait of Hormuz, Kharg Island, Eurozone, China, Japan

Who
President Trump, Oracle, Sandisk, KLA Corp, Lam Research, Applied Materials, ARM Holdings Plc, Marvell Technology, Micron Technology, Intel, ASML Holding NV, Advanced Micro Devices, Western Digital, Seagate Technology Holdings Plc, NXP Semiconductors NV, Qualcomm, Microchip Technology, Texas Instruments, Alaska Air Group, United Airlines Holdings, American Airlines Group, Carnival, Southwest Airlines, Royal Caribbean Cruises, Norwegian Cruise Line Holdings, Delta Air Lines, Galaxy Digital Holdings, Riot Platforms, MARA Holdings, Coinbase Global, Strategy, Autodesk, Adobe Systems, Workday, Salesforce, ServiceNow, Atlassian Corp, Intuit, Microsoft, Devon Energy, ConocoPhillips, APA Corp, Chevron, Diamondback Energy, Exxon Mobil, Occidental Petroleum, Voyager Technologies, Navan, Eaton Corp Plc, Dana Inc, Allegion Plc
What
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.
When
Thu, 11 Jun 2026 20:35:24 GMT · 2h 2m ago
Where
US, Middle East, Iran, Kuwait, Bahrain, Jordan, Strait of Hormuz, Kharg Island, Eurozone, China, Japan ·
Why
Stocks rallied after President Trump canceled planned military strikes against Iran and indicated a peace deal to end the war was imminent, easing geopolitical tensions.
The Frontline Impact

How this affects you

The easing of Middle East tensions and President Trump's peace overtures led to a broad market rally in the US, particularly benefiting chipmakers, while concerns over capital expenditures caused software stocks to retreat. WTI crude oil prices dropped, boosting airline and cruise line stocks but hurting energy companies. Simultaneously, US jobless claims rose to a 4-month high while producer prices showed mixed results, affecting bond markets.

Story chain

9 events in this thread
  1. Markets1h 0m 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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  2. Markets1h 0m 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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  3. Markets1h 0m 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
  4. Markets1h 19m 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
  5. Markets1h 52m 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.
    Open article
  6. Currently Reading2h 2m 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.
  7. Markets2h 18m 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
  8. Markets2h 20m 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
  9. Markets3h 28m 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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