After showing a lack of direction early in the session, stocks continue to turn in a lackluster performance in afternoon trading on Friday. The major averages have spent the day swinging back and forth across the unchanged line.
Currently, the major averages are all in negative territory. The Dow is down 217.02 points or 0.7 percent at 29,008.59, the Nasdaq is down 27.13 points or 0.3 percent at 10,710.38 and the S&P 500 is down 16.43 points or 0.5 percent at 3,624.04.
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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.