Stocks have pulled back off their best levels of the day but continue to see significant strength in afternoon trading on Tuesday. With the upward move, the major averages are adding to the strong gains posted in the previous session.
Currently, the major averages are well off their highs but remain firmly positive. The Dow is up 260.91 points or 0.8 percent at 33,805.25, the Nasdaq is up 269.43 points or 2.1 percent at 13,218.06 and the S&P 500 is up 50.62 points or 1.2 percent at 4,313.07.
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Business News
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.