Trump says U.S. will soon sign deal with Iran – Dow surges 900 points, oil falls | 11 June 2026 | U.S. equities gained on Thursday, boosted by a rebound in chip stocks, after President Donald Trump called off the strikes on Iran scheduled for this evening and said the U.S. is going to soon sign a deal with Iran. The S&P 500 gained 1.75%, while the Nasdaq Composite added 2.54%. The Dow Jones Industrial Average rose 929.60 points, or 1.86%. Trump told reporters in the Oval Office that “we have a deal that Iran will never have a nuclear weapon.” He continued, “We have a signing soon, and the documents are in pretty final shape. It should be done and it should be done pretty quickly.” Equities had rallied earlier Thursday after Trump said in a Truth Social post that he “cancelled the scheduled strikes and bombings against Iran this evening.” “The Naval Blockade will remain in full force and effect until this Transaction is finalized — Time and place of the signing to be announced shortly,” he added.