Stocks have moved mostly higher in morning trading on Wednesday, regaining ground following the sell-off seen in the previous session. The major averages have all moved to the upside, with the tech-heavy Nasdaq posting a particularly strong gain.
Currently, the major averages are just off their highs of the session. While the Nasdaq is up 269.76 points or 2.3 percent at 11,832.33, the S&P 500 is up 47.42 points or 1.2 percent at 3,968.47 and the Dow is up 144.72 points or 0.5 percent at 31,906.26.
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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.