Wall Street indexes jump, Trump says strikes against Iran canceled
By Caroline Valetkevitch and Joel
Jose
Thu June 11, 2026
With all the recent war news leaving nerves so frazzled, the indexes were playing things quite close to the vest until exactly 1:30 pm when there was a sudden and dramatic jump way up and stayed there the rest of the session. It must have been right then that Trump made the announcement to cancel the attack plans on Iran which were only hours away. The indexes recouped all of yesterday’s massive losses even if, as today’s expert put it, the metrics still show an oversold market.