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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.