Stocks have moved moderately lower in morning trading on Wednesday, extending the sharp pullback seen over the two previous sessions. The major averages have all moved to the downside, further offsetting the strong gains posted last week.
Currently, the major averages are off their lows of the young session but still in negative territory. The Dow is down 120.20 points or 0.3 percent at 35,423.98, the Nasdaq is down 64.92 points or 0.4 percent at 15,172.72 and the S&P 500 is down 10.27 points or 0.2 percent at 4,623.82.
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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.