MeadWestvaco Corp. (MWV) gapped open higher Friday and spiked to the upside in early trade. The stock settled into a range for the remainder of the session and closed up by 3.97 at $35.65 on the highest volume of the year.
MeadWestvaco surged past resistance Friday and set a new high for the year.
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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.