**U.S. Stock Market Summary – June 12, 2026**
On June 11, 2026, the S&P 500 Index closed up 1.75%, the Dow Jones Industrial Average gained 1.86%, and the Nasdaq 100 surged 3.29% following President Trump’s announcement to cancel planned military strikes on Iran. The easing geopolitical tensions led to a rally in chipmakers and AI-related stocks, while WTI crude oil prices dropped over 2%, boosting airline and cruise line stocks. However, Oracle faced an 8% decline after reporting a forecasted capital spending of $70 billion, significantly higher than expected.
Investor sentiment was bolstered by potential peace talks, with Trump indicating a forthcoming agreement to end the conflict with Iran. Despite this, U.S. jobless claims unexpectedly rose to a four-month high of 229,000, reflecting concerns over the labor market. The Producer Price Index (PPI) for May increased by 1.1% month-over-month and 6.5% year-over-year, the largest annual gain in 3.5 years, but core PPI figures fell short of forecasts.
Overall, the market reflected mixed international signals, with the Euro Stoxx 50 up 0.78%, while China’s Shanghai Composite declined by 0.16%. The ECB raised its deposit facility rate to 2.25% amid uncertain economic growth forecasts.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
