Following the sell-off seen late in the previous session, stocks showed a lack of direction over the course of the trading day on Thursday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing in negative territory.
The Dow slid 170.64 points or 0.5 percent to 36,236.47, pulling back further off the record closing high set on Tuesday. The Nasdaq dipped 19.31 points or 0.1 percent to 15,080.87 and the S&P 500 edged down 4.53 points or 0.1 percent to 4,696.05.
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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.