Stocks moved sharply higher over the course of the trading session on Monday, regaining ground following the steep drop seen last week. The major averages all showed strong moves to the upside on the day.
The major averages saw continued strength going into the close, ending the session at their best levels of the day. The Dow surged 528.58 points or 1.6 percent to 34,005.04, the Nasdaq jumped 139.12 points or 1.3 percent to 11,143.74 and the S&P 500 shot up 56.18 points or 1.4 percent to 3,990.56.
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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.