Breaking News
Trump Taps Former SEC Chair for Intelligence Chief
El Nino Is Back, and It May Be a Doozy
Trump Cancels Strikes, Predicts Peace Deal 'Shortly'
Iran Says Musk's Holdings Are Now Legitimate Targets
Thanks to Stalled Economic Growth, a 'Lost Decade' Looms
Toronto Cop Killed During Search Linked to US Consulate Shooting
China Is Quietly Keeping World Oil Prices Lower
US Strike Kills 3 Indian Sailors
For First Time in Decade, Displaced-People Stat Dips
War in Ukraine Has Passed a Historical Milestone
Family Thought 38-Year-Old Was Tween Girl for Entire Year
Trump Threatens Major Escalation of Iran Attacks
American Teen Runner Just Beat the Olympic Champion
After Brawl on Cruise Ship, More Violence at Police Station
Trump's 'Secret' Oil Mission Not Actually So Secret: Source
US Strikes Iran Again as Trump Says Tehran Must 'Pay the Price'
In European Nations, 11% Now Consider US an Ally
Hegseth: Strikes on Iran Will Be 'Strong and Clear'
Artisan Cheesemaker Sued After Artist's Listeria Death
Report: Car Bomb Kills Russia's Ammunition Chief
World |
Wall Street Poised to Rebound Amid New Iran Tensions
Stock futures rise as US and Tehran exchange new strikes
| By<br>John Johnson<br>with Newser.AI<br>Posted Jun 11, 2026 5:55 AM CDT |
[
](sms:&body=I saw this Newser story and thought of you. Read it!%0d%0a%0d%0aWall Street Poised to Rebound Amid New Iran Tensions%0d%0a%0d%0ahttps://www.newser.com/story/390846/wall-street-poised-to-rebound-amid-new-iran-tensions.html "Text")
Copied
A small boat moves along the shoreline where an a cargo vessel, tugboat, and industrial barge are all anchored in the Strait of Hormuz off Bandar Abbas, Iran, Monday, June 1, 2026. (Amirhosein Khorgooi/ISNA via AP)
Investors are apparently hopeful that the renewed attacks in Iran will be short-lived, though evidence on the ground about that was shaky. Stock futures were up Thursday morning after the US announced it had wrapped up its latest round of what it calls "self-defense strikes," reports CNBC. S&P 500 futures rose 0.7%, Nasdaq's were up more than 1%, and the Dow's climbed 0.7%, or about 370 points. The uptick comes after a brutal selloff on Wednesday that saw the Dow drop nearly 1,000 points, notes the Wall Street Journal.
The US concluded its latest round of strikes about 4:30am in Iran, and Tehran responded with attacks on US bases in Bahrain and Kuwait, per the New York Times. Iran's foreign ministry said the American attacks made the ceasefire "meaningless" and predicted "highly dangerous consequences." Trump, for his part, complained on Wednesday that Iran was "playing us for suckers" by not quickly agreeing to US terms for a nuclear deal.
Read These Next
- Serena Williams' comeback lasted one match.
- Elon Musk accused of stoking violent unrest in the UK.
- Bill Gates says Epstein tried and failed to blackmail him.
- The stunning fall of Nancy Mace may now be complete.