Following the rally seen in the previous session, the major U.S. stock indexes have moved in opposite directions in morning trading on Thursday. While the Dow has seen further upside, the tech-heavy Nasdaq has shown a sharp pullback.
In recent trading, the Nasdaq has fallen to new low for the session, slumping 156.17 points or 1.1 percent at 13,487.42. The S&P 500 is also down 19.13 points or 0.4 percent at 4,427.46, while the narrower Dow is up 138.14 points or 0.4 percent at 34,702.73.
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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.