On Friday morning, June 10, 2026, the news wire was hit with “President Trump agrees to continue talks with Iran, but says ceasefire is over”. Shortly after 10:30 a. m. ET algorithms picked on this news and immediately started repricing stocks relative to risk. Four and five figure trades in Dow stocks were running through the system hitting tight stop-loss orders along the way. This provided additional inventory for Market Makers and Liquidity Providers. After this repricing event they used this inventory to distribute stock while moving prices higher until the end of the day. The public looked at a market close that did not warrant their attention and moved on. The Dow closed up 149 points (+0.29%).
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.