Bloomberg’s Balance of Power covered the story on Thursday, June 11, that President Trump announced he was calling off the planned U.S. military strikes against Iran, with a memorandum of understanding potentially being signed within days. Markets responded immediately: the S&P 500 closed up 1.8%, and the Nasdaq rallied close to 3% on the de-escalation ... Trump Calls Off Iran Strikes with Deal in Reach: “We Should Be Getting It Done In The Next Few Days.”