After ending the previous session notably higher, stocks are seeing further upside in morning trading on Wednesday. The major averages have all climbed firmly into positive territory, with the tech-heavy Nasdaq helping lead the way higher.
Currently, the major averages are hovering near their highs of the young session. The Dow is up 297.16 points or 0.8 percent at 35,759.94, the Nasdaq is up 190.44 points or 1.3 percent at 14,384.90 and the S&P 500 is up 52.82 points or 1.2 percent at 4,574.36.
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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.