After moving sharply lower in early trading, stocks continue to see significant weakness in afternoon trading on Tuesday. The tech-heavy Nasdaq staged a recovery attempt in late morning trading but has since rejoined its counterparts firmly in the red.
The major averages have seen further downside in recent trading, falling to new lows for the session. The Dow is down 476.20 points or 1.5 percent at 30,543.48, the Nasdaq is down 155.98 points or 1.4 percent at 11,379.04 and the S&P 500 is down 62.16 points or 1.6 percent at 3,837.73.
For comments and feedback contact: editorial@rttnews.com
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.