How Major US Stock Indexes Fared Thursday 6/11/2026
Trump said talks with Iran reached high-level approval as the S&P 500 rose 1.4% and West Texas Intermediate crude fell 3%.
- On Thursday, President Donald Trump called off planned strikes against Iran after citing discussions with "the highest level of Iranian leadership." The pivot sent stocks soaring and oil prices lower, marking the market's best day in two months.
- Wednesday's sell-off, driven by red-hot inflation and a May jobs report, gave way to investor relief as geopolitical tensions eased. The Dow had dropped more than 900 points the prior day amid economic recalibration concerns.
- West Texas Intermediate crude futures dropped 3% on Thursday afternoon, while the Nasdaq Composite rallied 2.5% and the Dow rose 1.9%. Strong gains for airline stocks helped offset a slide for Oracle as oil-sensitive sectors climbed significantly.
- Elon Musk's SpaceX priced its initial public offering at $135 per share, valuing the company at $1.77 trillion. The offering raised $75 billion, with shares expected to begin trading on Friday.
- Traders turn attention next to the Federal Reserve policy meeting on June 16 and 17. Markets broadly expect the Fed to hold interest rates steady, with investors pricing in at least one 25 basis point rate hike by year-end.
15 Articles
15 Articles
Stocks Jump After Post on War
US stocks rallied to their best day in two months, and oil prices fell Thursday, after President Trump called off his threat to bomb Iran in the evening. That raised hopes for a deal that could get the global flow of oil going again. The Dow rose 929.97 to...
Bozeman Daily Chronicle
How major US stock indexes fared Thursday 6/11/2026
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 in the evening. That raised
Stocks are surging after Trump calls of fresh attacks on Iran
The TACO trade—short for Trump Always Chickens Out—how been a powerful force in markets in his second term.Joshua Blanchard/Getty Images for Taco BellStocks rallied Thursday after Trump backed down from threats to resume attacks against Iran.Trump said he spoke with Iranian leadership, leading him to call off Thursday night's planned action.The Dow gained nearly 1,000 points points and the Nasdaq 100 rose over 3%.Investor were treated to TACO Th…
Dow closes up more than 900 points after Trump cancels Iran strikes | Honolulu Star-Advertiser
Wall Street’s major indexes ended sharply higher today, with stocks extending gains after President Donald Trump said he canceled planned strikes against Iran, and on the eve of the market debut of Elon Musk’s SpaceX.
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