After moving to the downside early in the session, stocks showed a significant turnaround over the course of the trading day on Tuesday. The major averages extended the recovery seen in the previous session, with the tech-heavy Nasdaq posting a particularly strong gain.
The major averages moved roughly sideways going into the close, hovering in positive territory. While the Nasdaq surged 210.62 points or 1.4 percent at 15,153.45, the S&P 500 advanced 42.78 points or 0.9 percent to 4,713.07 and the Dow rose 183.15 points or 0.5 percent at 36,252.02.
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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.