After an early move to the upside, stocks remain mostly positive in afternoon trading on Monday. The major averages are extending the strong upward move seen last Friday, with the tech-heavy Nasdaq leading the way higher.
In recent trading, the major averages have reached new highs for the session. The Dow is up 189.61 points or 0.6 percent at 34,915.08, the Nasdaq is up 337.16 points or 2.5 percent at 14,107.73 and the S&P 500 is up 53.22 points or 1.2 percent at 4,485.07.
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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.