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Markets14h 17m ago

U.S. stocks rebounded on Thursday, with the Nasdaq Composite jumping almost 2%, while Intel shares surged after President Donald Trump claimed a partnership with Apple for U.S. chip production, and oil prices fell following a U.S.-Iran agreement to end conflict and reopen the Strait of Hormuz.

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United States, Strait of Hormuz

Who
S&P 500, Nasdaq Composite, Dow Jones Industrial Average, Intel, SpaceX, President Donald Trump, Apple, U.S., Iran, CENTCOM, Fed
What
U.S. stocks rebounded on Thursday, with the Nasdaq Composite jumping almost 2%, while Intel shares surged after President Donald Trump claimed a partnership with Apple for U.S. chip production, and oil prices fell following a U.S.-Iran agreement to end conflict and reopen the Strait of Hormuz.
When
Thu, 18 Jun 2026 20:26:00 GMT · 14h 17m ago
Where
United States, Strait of Hormuz ·
Why
The stock rebound followed a Wednesday sell-off driven by potential Fed rate hikes, Intel's surge was attributed to President Trump's statements, and oil prices declined due to the U.S.-Iran memorandum of understanding and the end of the U.S. naval blockade.
The Frontline Impact

How this affects you

U.S. equity markets experienced significant daily gains, while a major geopolitical development between the U.S. and Iran led to the cessation of a naval blockade and influenced global oil prices.

Story chain

7 events in this thread
  1. Markets10h 43m ago
    Asia-Pacific markets were set to trade mixed on Friday as investors assessed the durability of a U.S.-brokered peace agreement with Iran.
    Open article
  2. Markets12h 10m ago
    The US and Iran are preparing for initial talks in Switzerland on Friday to execute a recently signed Memorandum of Understanding (MoU).
    Open article
  3. Markets12h 10m ago
    The US and Iran will meet on Friday for initial talks in Switzerland on the execution of their recently signed Memorandum of Understanding.
    Open article
  4. Currently Reading14h 17m ago
    U.S. stocks rebounded on Thursday, with the Nasdaq Composite jumping almost 2%, while Intel shares surged after President Donald Trump claimed a partnership with Apple for U.S. chip production, and oil prices fell following a U.S.-Iran agreement to end conflict and reopen the Strait of Hormuz.
  5. Markets14h 43m ago
    Stocks closed higher on Wall Street, with the S&P 500 rising 1.1%, the Dow Jones Industrial Average adding 0.1%, and the Nasdaq composite jumping 1.9%.
    Open article
  6. Markets14h 43m ago
    US markets, specifically the S&P 500 and Nasdaq, recovered mid-week losses on Thursday, June 18, led by chip stocks, while consultancy stocks declined following Accenture's results miss.
    Open article
  7. Markets22h 43m ago
    Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflation.
    Open article

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