Dow Jumps 929 Points as Stocks Stage Massive Comeback

The market had its best day since April 8

Laura McCandless

Deputy Editor

Jun 11, 2026 at 4:31 PM

Following its worst day in over a year, the Dow roared back to life on Thursday with a 929-point win. The Nasdaq and S&P 500 turned in outsized wins of their own, with all three indexes marking their largest single-day percentage gains since April 8. Rebounding chip stocks helped power the rally, as well as President Donald Trump's Truth Social post stating that he “cancelled the scheduled strikes and bombings against Iran this evening” and will soon sign a deal. Investor attention is now turning to SpaceX's highly-anticipated IPO on the Nasdaq tomorrow, where it will launch under the ticker SPCX.

Continue reading for more on today's market, including:

Struggling Lockheed Martin stock boasts key technical support.
Bears blasted semiconductor ETF during tech correction.
Plus, seven sectors powering the AI boom; uranium stock buzz; and why INTC is rebounding.

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5 Things to Know Today

The World Bank cut its global growth forecast to 2.5% for 2026 due to Middle East conflict. (Reuters)
See which stocks are enjoying tailwinds from the NBA finals. (Barron's).
A beginner's guide to AI-related stocks behind the scenes.
Energy Fuels updated its 2026 sales predictions.
Intel stock surged after an impressive BofA double upgrade.

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Gold Prices Bounce Back in Final Hours

Oil prices moved lower after Trump posted that he cancelled the air strikes on Iran scheduled for tonight. July-dated West Texas Intermediate (WTI) fell 2.58% to close at $87.71 per barrel.

Gold entered bear market territory yesterday for the first time since 2022, following a sharp downturn from record highs. August-dated gold futures touched a 2026 low of $4,046.20 per ounce earlier today before rebounding, last seen up 2.3% at $4,228.80.

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