Stocks moved mostly lower over the course of the trading session on Monday, with technology stocks leading the way to the downside. The Dow reached a record intraday high in morning trading but joined the tech-heavy Nasdaq in negative territory as the day progressed.
The major averages all finished the day lower, although the Nasdaq underperformed its counterparts by a wide margin.
The Nasdaq plunged 350.38 points or 2.6 percent to 13,401.86, while the S&P 500 slid 44.17 points or 1 percent to 4,188.43 and the S&P 500 edged down 34.94 points or 0.1 percent to 34,742.82.
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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.