After an initial uptick, stocks have moved sharply lower over the course of morning trading on Tuesday. The major averages have slid firmly into negative territory, extending the notable downward move seen over the two previous sessions.
Currently, the major averages are just off their highs of the session. The Dow is down 355.97 points or 1.1 percent at 31,743.02, the Nasdaq is down 172.16 points or 1.4 percent at 11,845.51 and the S&P 500 is down 53.41 points or 1.3 percent at 3,977.20.
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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.