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Wall Street surges as Iran halts strikes
Key takeaways
- Wall Street stocks leapt as the Iranian news agency Fars said military operations would be brought to a halt.
- The tech-heavy Nasdaq Composite was up by as much as 1.6pc, while the S&P 500 gained 0.7pc.
- It came as oil prices retreated following an earlier jump of around 5pc to $98 a barrel.
Wall Street surges as Iran halts strikes Chris Price Mon, June 8, 2026 at 11:29 PM GMT+7 20 min read ^IXIC ^GSPC CL=F Swimmers in the Strait of Hormuz, where a fifth of the world’s oil and gas exports usually pass - Amirhosein Khorgooi/ISNA via AP US stocks surged at the opening bell after Iran said it would end its strikes against Israel.
Wall Street stocks leapt as the Iranian news agency Fars said military operations would be brought to a halt.
The tech-heavy Nasdaq Composite was up by as much as 1.6pc, while the S&P 500 gained 0.7pc.
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