American Axle & Manufacturing Holdings Inc. (AXL) has been rising steadily since the opening bell and has reached a three and a half month intraday high in late-session dealing. The stock has gained $0.73 or 9.1 percent and is currently at $8.75.
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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.