Stocks have moved mostly higher over the course of the trading session on Wednesday, with the tech-heavy Nasdaq joining the other major averages in positive territory. The upward move on the day has lifted the Dow and the S&P 500 to new record intraday highs.
Currently, the Nasdaq continues to underperform its counterparts but is up 42.02 points or 0.3 percent at 12,860.98. The Dow is up 482.76 points or 1.6 percent at 30,874.36 and the S&P 500 is up 40.89 points or 1.1 percent at 3,767.75.
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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.