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Markets5h 27m 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 while European equities edged higher after the ECB raised interest rates.

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New York

Who
US President Donald Trump, Art Hogan of B. Riley Wealth Management, Adam Button of Investing Live, Stefan Gerlach of EFG Bank, Susannah Streeter of Wealth Club
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 while European equities edged higher after the ECB raised interest rates.
When
Thu, 11 Jun 2026 21:37:39 GMT · 5h 27m ago
Where
New York ·
Why
Trump announced he was calling off new attacks on Iran, and the European Central Bank raised interest rates for the first time since 2023.
The Frontline Impact

How this affects you

The cessation of US strikes on Iran led to a decrease in oil prices and a rally in US stock markets, while the ECB's interest rate hike aimed to combat inflation caused by a previous energy shock.

Story chain

3 events in this thread
  1. Markets4h 54m ago
    US stocks rallied and oil prices tumbled after US President Trump announced he cancelled planned strikes on Iran and touted a deal with Iran.
    Open article
  2. Currently Reading5h 27m 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 while European equities edged higher after the ECB raised interest rates.
  3. Markets5h 27m 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.
    Open article

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