Anixter International Inc. (AXE) gapped up sharply Friday morning, but moved in a narrow range in early trade. The stock has risen higher in the last few minutes on increased volume and is now up 3.13 at $71.15.
Anixter International has been gaining ground for the past month and a half and has set an 8 1/2 month high.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.