Tech Data Corp. (TECD) rose steadily until the middle of Tuesday morning and took out the highs of the session late in the afternoon. The stock closed up by $1.42 at $48.38. Tech Data Corp. climbed above a narrow, week and a half long range Tuesday 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.