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Markets2h 27m ago

US stocks are rallying, and oil prices are falling Thursday after President Donald Trump said he called off his threat to bomb Iran in the evening.

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United States

Who
President Donald Trump
What
US stocks are rallying, and oil prices are falling Thursday after President Donald Trump said he called off his threat to bomb Iran in the evening.
When
Thu, 11 Jun 2026 18:33:11 GMT · 2h 27m ago
Where
United States ·
Why
Trump called off his threat to bomb Iran, raising hopes for a deal that could get the global flow of crude going again.
The Frontline Impact

How this affects you

The de-escalation of tensions between the US and Iran led to a rally in US stocks, with the S&P 500 jumping 1.4% and the Dow Jones Industrial Average rising 1.7%. Oil prices fell, with benchmark US crude dropping 3.2% to $87.19 per barrel, easing inflation concerns.

Story chain

13 events in this thread
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  2. Markets1h 49m ago
    President Donald Trump announced the suspension of US military strikes on Iran, citing progress in peace negotiations.
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  5. Markets2h 26m ago
    Stocks surged and oil prices tumbled after Donald Trump called off planned attacks against Iran, backing down from earlier threats.
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  6. Currently Reading2h 27m ago
    US stocks are rallying, and oil prices are falling Thursday after President Donald Trump said he called off his threat to bomb Iran in the evening.
  7. Markets2h 28m ago
    US oil prices collapsed below $87 with WTI crude dropping nearly 3% after President Trump canceled planned Iran strikes.
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  8. Markets2h 43m ago
    Space stocks, led by Momentus and Virgin Galactic, rallied ahead of SpaceX’s Nasdaq debut.
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  9. Markets2h 45m ago
    US stocks rallied and oil prices fell after President Donald Trump called off a threat to bomb Iran, raising hopes for a deal that could get the global flow of crude going again.
    Open article
  10. Markets3h 24m ago
    Iran warned the US that attacks on its energy infrastructure, specifically Kharg Island, could destabilize global energy markets and lead to severe consequences.
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  11. Markets3h 40m ago
    President Trump said on Thursday that the US will launch additional attacks on Iran for a second day in a row and threatened to take over Iran’s energy and oil infrastructure.
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  12. Markets4h 20m ago
    Retail investors are selling top AI-performing stocks, especially semiconductors like Micron Technology, Inc. and Advanced Micro Devices, Inc., to raise cash for the SpaceX IPO scheduled for Friday.
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  13. Markets4h 29m ago
    The European Central Bank (ECB) raised interest rates by 25 basis points on Thursday, June 11, marking its first rate increase since 2023.
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