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<title>Dow jumps 700 points, oil tumbles as Trump cancels evening strikes against Iran</title>
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<description>U.S. equities gained on Thursday, boosted by a rebound in chip stocks after recent pressure, after President Donald Trump said that he has called off the strikes on Iran scheduled for this evening. The S&#x26;#x26;P 500 gained 1.1%, while the Nasdaq Composite added 1.5%. The Dow Jones Industrial Average rose 712 points, or 1.5%. West Texas Intermediate crude futures were last trading around the flatline at roughly $90 a barrel. Oil prices had risen earlier in the day after President Donald Trump said in a post on Truth Social that the U.S. will be attacking Iran &#x26;#x201C;VERY HARD TONIGHT.&#x26;#x201D; He...</description>
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<pubDate>Thu, 11 Jun 2026 17:43:15 GMT</pubDate>
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