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...
Listen to this story
Hear this and more stories in a personalized audio briefing.
Open The Chonkerton