Stocks moved sharply lower early in the session on Friday and continue to see substantial weakness in afternoon trading. The major averages are adding to the losses posted in the previous session, falling to their lowest levels in two months.
The major averages have moved roughly sideways in recent trading, stuck firmly in negative territory. The Dow is down 362.73 points or 1.2 percent at 30,599.09, the Nasdaq is down 210.30 points or 1.8 percent at 11,342.06 and the S&P 500 is down 58.81 points or 1.5 percent at 3,842.54.
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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.