Stocks have moved sharply lower during trading on Monday, extending the notable downward move seen to start the New Year last week. The major averages have all shown significant moves to the downside on the day.
Currently, the major averages are just off their lows of the session. The Dow is down 470.32 points or 1.3 percent at 35,761.34, the Nasdaq is down 348.44 points or 2.3 percent at 14,587.56 and the S&P 500 is down 78.25 points or 1.7 percent at 4,598.78.
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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.