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Markets14h 43m ago

US markets, including the S&P 500 and Nasdaq, recovered mid-week losses on Thursday, June 18, led by chip stocks following the formal signing of a peace deal between the US and Iran, while Accenture stock fell 18%.

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Wall Street, Strait of Hormuz

Who
US, Iran, US President Donald Trump, Intel, Apple, Accenture, Cognizant, Capgemini, Infosys, Nvidia, AMD, Micron
What
US markets, including the S&P 500 and Nasdaq, recovered mid-week losses on Thursday, June 18, led by chip stocks following the formal signing of a peace deal between the US and Iran, while Accenture stock fell 18%.
When
Thu, 18 Jun 2026 20:00:00 GMT · 14h 43m ago
Where
Wall Street, Strait of Hormuz ·
Why
Markets surged due to the formal signing of a peace deal between the US and Iran, which is expected to reopen the Strait of Hormuz and release oil supply, easing inflationary concerns, while Accenture's stock declined due to a results miss and guidance cut.
The Frontline Impact

How this affects you

The S&P 500 and Nasdaq gained 1.1% and 1.9% respectively, recovering Wednesday's losses, with chip stocks leading gains, while Accenture's 18% stock drop impacted consultancy names.

Story chain

7 events in this thread
  1. Markets8h 34m ago
    US forces removed the naval blockade on Iran, paving the way to open the Strait of Hormuz, as part of a peace agreement aimed at ending the war in the Middle East.
    Open article
  2. Markets8h 57m ago
    Oil prices fell after oil tankers began moving through the Strait of Hormuz following the signing of the US-Iran interim peace deal, signaling increased supply.
    Open article
  3. Markets12h 41m ago
    A peace deal between the US and Iran took effect, leading to the reopening of the Strait of Hormuz and subsequent market reactions.
    Open article
  4. Markets12h 41m ago
    Wall Street stocks and bonds rose after an interim peace deal between the US and Iran took effect, leading to the reopening of the Strait of Hormuz and easing inflation concerns.
    Open article
  5. Markets13h 8m ago
    US forces formally lifted their blockade of Iranian ports, in accordance with the President’s direction, as part of an emerging US-Iran peace deal.
    Open article
  6. Markets13h 40m ago
    U.S. stocks rallied and crude prices dropped as supertankers sailed through the reopened Strait of Hormuz hours after U.S. President Donald Trump signed a peace deal with Iran.
    Open article
  7. Currently Reading14h 43m ago
    US markets, including the S&P 500 and Nasdaq, recovered mid-week losses on Thursday, June 18, led by chip stocks following the formal signing of a peace deal between the US and Iran, while Accenture stock fell 18%.

Verified Sources & Citations