Jun 12, 2026
positiveDow Surged 930 Points Thursday on Trump Iran Deal Signal — S&P 500 Up 1.75% to 7,394; ECB Raises Rates 25bps to 2.25% as War Inflation Persists
Thursday's session delivered a 930-point Dow surge and a 1.75% S&P 500 advance to 7,394.30 after President Trump canceled planned Iran strikes and declared a deal 'finalized,' driving crude oil sharply lower. Simultaneously, the European Central Bank raised its key rate 25 basis points to 2.25% — the first ECB hike in this cycle — citing Iran-war inflation. The combined signals set the stage for Friday's SpaceX IPO debut and the weekend's potential Hormuz MoU signing, creating the most consequential multi-day market sequence of 2026.