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Industrials Stocks Erase War Selloff, Hit Record on US-Iran Deal

Industrials Stocks Erase War Selloff, Hit Record on US-Iran Deal
Bloomberg Technology Monday 15 June 2026, 15:18 UTC By Matthew Griffin 1 min read
Key Points

Industrials Stocks Erase War Selloff, Hit Record on US-Iran Deal Shares of large US industrial companies jumped to a record Monday after the US and Iran said an interim peace deal was reached, raising hopes that the energy crisis threatening manufacturers’ and transportation firms’ profits will recede. The S&P 500 Industrials Index rose as much as 2.1% to 1,519.18 as news of the agreement fueled broad optimism in the US equity market, topping the previous intraday high of 1,514.96 set on...

Industrials Stocks Erase War Selloff, Hit Record on US-Iran Deal Shares of large US industrial companies jumped to a record Monday after the US and Iran said an interim peace deal was reached, raising hopes that the energy crisis threatening manufacturers’ and transportation firms’ profits will recede. The S&P 500 Industrials Index rose as much as 2.1% to 1,519.18 as news of the agreement fueled broad optimism in the US equity market, topping the previous intraday high of 1,514.96 set on March 2. United Airlines Holdings Inc. and Delta Air Lines Inc. were among the top percentage gainers, while manufacturing heavyweights such as Caterpillar Inc. also rallied. [Image text:] .U.NIT.E.D N37553
Erase War Selloff (EVENT) US (LOCATION) Iran (LOCATION) United Airlines Holdings Inc. (ORG) Delta Air Lines Inc. (ORG) Caterpillar Inc. (ORG)
Originally published by Bloomberg Technology Read original →

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