Trump Cancels Iran Strike, U.S. Stocks Surge; Dow Jumps 930 Points, Nasdaq Gains 2.54% on June 11

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According to President Trump's statement on social media on June 11, he canceled planned military operations against Iran after negotiations with Iran's leadership reached agreement on deal terms and conditions. The announcement sparked a swift reversal in market sentiment, with U.S. equities surging. The Dow Jones Industrial Average jumped 929.97 points (1.86%) to close at 50,848.75; the Nasdaq Composite rose 2.54% to 25,809.66; and the S&P 500 advanced 1.75% to 7,394.30. The Philadelphia Semiconductor Index surged 7.91% to 13,171.44, marking the best single-day performance since April. Oil prices fell sharply as concerns about supply disruption eased, with Brent crude futures declining over 4% to around $89 per barrel and WTI crude dropping over 4% to approximately $87 per barrel.
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