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Markets2h 19m 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.

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U.S., Iran, Persian Gulf, Europe, Hong Kong, London

Who
U.S. stocks, President Donald Trump, Oracle, Marvell Technology, Lam Research, KLA, Federal Reserve, European Central Bank, Jensen Huang
What
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.
When
Thu, 11 Jun 2026 20:19:08 GMT · 2h 19m ago
Where
U.S., Iran, Persian Gulf, Europe, Hong Kong, London ·
Why
President Donald Trump announced discussions with Iran have reached the highest level of Iranian leadership, raising hopes for a deal to reopen the Strait of Hormuz and get global oil flowing again.
The Frontline Impact

How this affects you

Hopes for a resolution to the conflict with Iran could lead to lower oil prices, easing inflationary pressures globally and potentially influencing interest rate decisions by central banks like the Federal Reserve and the European Central Bank.

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 20m 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 53m 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. Markets2h 3m 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
  7. Currently Reading2h 19m 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.
  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.
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  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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