President Donald Trump said record-high equities drove his decision to back the Iran deal after Sunday’s ceasefire agreement. According to BeInCrypto, Trump told a G7 conference in France that stocks rose when peace looked likely and fell when talks stalled, calling the market “quite brilliant” and a live referendum on his Middle East strategy.
The S&P 500 closed at a record 7,554.29 on June 15, up 1.65%, while the Dow gained 468.77 points to a record near 51,671 and the Nasdaq jumped 3.07%. Trump said oil has fallen roughly 20% from its 2026 peak as a Hormuz reopening came into view. Bitcoin (BTC) traded near $64,200 after slipping more than 2%, after briefly topping $67,000 on ceasefire headlines.
Trump Says Stock Market Drove Decision to Back Iran Deal After Ceasefire Rally
2026-06-17 22:25:49
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