While buying interest has waned from earlier in the session, stocks remain mostly positive in late-day trading on Monday. The major averages are all hovering firmly in positive territory after turning in a mixed performance last week.
The strength on Wall Street comes as traders pick up stocks at reduced levels amid indications that the markets have become oversold following the downward move seen over the past month. Easing concerns about the Greek debt crisis has also contributed the gains.
Health insurance stocks remain among the market's best performers as the trading day winds down, while considerable strength also remains visible among railroad, software, and airline stocks.
Most of the other major sectors have also moved higher on the day, although weakness among banking stocks has helped to limit the upside for the markets.
The major averages are currently posting moderate gains, off their highs for the session. The Dow is up 74.28 points or 0.6 percent at 12,078.64, the Nasdaq is up 14.64 points or 0.6 percent at 2,631.12 and the S&P 500 is up 7.17 points or 0.6 percent at 1,278.67.
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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.