After moving sharply lower early in the session, stocks regained ground over the course of the trading day on Thursday but still ended the day mostly lower. The major averages climbed well off their worst levels of the day, with the Nasdaq closing just above the unchanged line.
The tech-heavy Nasdaq plunged as much as 2.1 percent in early trading but ended the day up 3.60 points or less than a tenth of a percent at 11,251.19. Meanwhile, the Dow fell 142.62 points or 0.5 percent to 30,630.17 and the S&P 500 dipped 11.40 points or 0.3 percent to 3,790.38.
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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.