Stocks fluctuated over the course of the session on Thursday before coming under considerable pressure in the latter part of the session. The Dow and the S&P 500 more than offset Wednesday's gains, falling to their lowest closing levels in two months.
The major averages climbed off their worst lows of the session going into the close but remained firmly negative. The Dow slid 173.27 points or 0.6 percent to 30,961.82, the Nasdaq tumbled 167.32 points or 1.4 percent to 11,552.36 and the S&P 500 slumped 44.66 points or 1.1 percent to 3,901.36.
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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.