After showing a strong move to the upside early in the session, stocks have given back ground over the course of morning trading on Thursday. The major averages have pulled back well off their highs of the session, with the Dow dipping into negative territory.
Currently, the Dow is down 28.36 points or 0.1 percent at 33,273.57 after jumping by more than 220 points in early trading. Meanwhile, the Nasdaq is up 13.35 points or 0.1 percent at 12,502.29 and the S&P 500 is up 8.30 points or 0.2 percent at 4,192.26.
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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.