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Trump Cancels Iran Airstrike; U.S. Stocks Rally, Dow Up 712 Points on June 11

Stocks Commodities

2026-06-11 17:49:14

US300.94%

According to President Trump's Truth Social post, on June 11, Trump canceled a planned airstrike on Iran after discussions with Iranian leadership were approved at the highest level. The announcement eased Middle East conflict concerns, sending U.S. equities sharply higher: the Dow Jones Industrial Average gained 712 points (up 1.5%), the S&P 500 rose 1.1%, and the Nasdaq Composite climbed 1.5%.

U.S. crude oil futures also retreated, with WTI dropping approximately 3% to around $87 per barrel as risk sentiment improved.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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