Dow jumps nearly 800 points after Trump calls off Iran strikes, chip stocks rebound
US stocks roared back Thursday afternoon as President Trump called off impending strikes on Iran – allowing chip stocks to rebound following intense declines over the past few weeks.
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Business Dow jumps nearly 800 points after Trump calls off Iran strikes, chip stocks rebound By Taylor Herzlich Published June 11, 2026, 3:09 p.m. ET See more of our coverage in your search results. Add The New York Post on Google US stocks roared back Thursday afternoon as President Trump called off impending strikes on Iran – allowing chip stocks to rebound following intense declines over the past few weeks. The Dow Jones Industrial Average soared 782 points, or 1.6%, by approximately 2:40 p.m. ET, while the S&P 500 and Nasdaq rose 1.2% and 1.6%, respectively.
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