Wall Street markets surge following Trump’s Iran peace deal breakthrough

Sky News Australia

Sky News Australia

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June 11, 2026

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CommSec’s James Gruber has analysed Wall Street markets which saw a surge following US President Donald Trump’s announcement on peace negotiations and planned strikes on Iran. President Trump has called off planned strikes on Iran as a potential deal is expected to be signed within days in Europe. “A surge on Wall Street overnight with the S&P 500 up 1.8 per cent and the Nasdaq soaring 2.5 per cent,” Mr Gruber told Sky News Australia. “And that was after President Donald Trump’s tweets about how he’d cancelled strikes against Iran and hinted that peace negotiations with Iran were advancing quite well.” Presented by CommSec.

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