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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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New York
Who
Donald Trump, Art Hogan, Adam Button, Stefan Gerlach, Susannah Streeter, European Central Bank
What
Wall Street stocks rallied and oil prices tumbled Thursday (Jun 11) after US President Donald Trump pulled back from renewed US strikes on Iran.
When
Thu, 11 Jun 2026 21:37:39 GMT · 2h 15m ago
Where
New York ·
Why
US President Donald Trump announced he was calling off new attacks on Iran and flagged a possible peace deal.
The Frontline Impact
How this affects you
Global markets reacted to geopolitical events and monetary policy decisions, with US stocks and oil prices moving significantly based on US-Iran tensions. The European Central Bank raised interest rates due to the energy shock, signaling a focus on inflation.
Story chain
10 events in this thread- Markets1h 42m agoUS stocks rallied and oil prices tumbled Thursday after US President Trump announced the cancellation of planned US strikes on Iran and touted an agreement with Iran.Open article
- Currently Reading2h 15m agoWall Street stocks rallied and oil prices tumbled Thursday (Jun 11) after US President Donald Trump pulled back from renewed US strikes on Iran.
- Markets2h 15m agoWall 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.Open article
- Markets2h 15m agoWall 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
- Markets2h 34m agoUS 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
- Markets3h 7m agoU.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
- Markets3h 17m agoStock 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
- Markets3h 33m agoU.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
- Markets3h 35m agoRisk 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
- Markets4h 43m agoUS stocks, including chip stocks, rebounded on Thursday afternoon after President Trump announced he called off impending strikes on Iran.Open article
Verified Sources & Citations
- HIGHNew York Posthttps://nypost.com/2026/06/11/business/dow-jumps-nearly-800-points-after-trump-calls-off-iran-strikes-chip-stocks-rebound/
- HIGHZeroHedgehttps://www.zerohedge.com/markets/oil-slides-and-stocks-rally-trump-touts-usiran-deal-newsquawk-us-market-wrap
- HIGHNewsmaxhttps://www.newsmax.com/finance/streettalk/stocks-rally-oil/2026/06/11/id/1259380/
- HIGHBarcharthttps://www.barchart.com/story/news/2430056/stocks-settle-sharply-higher-on-middle-east-peace-hopes
- HIGHLos Angeles Timeshttps://www.latimes.com/business/story/2026-06-11/stocks-jump-to-their-best-day-in-2-months-on-hopes-for-deal-to-get-crude-flowing-globally-again
- HIGHHindustan Timeshttps://www.hindustantimes.com/world-news/trump-calls-off-threatened-iran-strikes-says-us-deal-could-be-signed-this-weekend-101781212290303.html
- HIGHCNAhttps://www.channelnewsasia.com/world/us-stocks-oil-prices-trump-iran-strikes-deal-6177956
- HIGHZeroHedgehttps://www.zerohedge.com/markets/us-stocks-rallied-and-oil-slumped-after-trump-cancelled-planned-strikes-iran-and-touted