After moving sharply lower over the three previous sessions, stocks have shown a strong move back to the upside in morning trading on Tuesday. The major averages have all moved notably higher, with the tech-heavy Nasdaq leading the advance.
Currently, the major averages remain firmly in positive territory. The Dow is up 301.99 points or 0.9 percent at 34,868.16, the Nasdaq is up 248.53 points or 1.8 percent at 14,039.45 and the S&P 500 is up 49.31 points or 1.1 percent at 4,450.98.
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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.