The Chonkerton

Stocks markets surge as Trump calls off strikes on Iran, touts peace deal

business

Stock markets across Wall Street and Asia surged Thursday as the Trump administration signaled a shift in its Iran policy, calling off threatened strikes and touting prospects for a broader peace agreement. According to Al Jazeera, the rally reflected investor optimism about ending the prolonged U.S.-Israeli military campaign against Iran. Market gains suggest traders view de-escalation as economically favorable—a reprieve from geopolitical tensions and supply-chain risks that have weighed on sentiment in recent months.

Source: https://www.aljazeera.com/economy/2026/6/12/stocks-market...

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