Stocks have moved sharply lower in morning trading on Thursday, largely offsetting the upward move seen over the course of the previous session. The major averages have all shown notable moves to the downside on the day.
Currently, the major averages are off their lows of the session but still firmly negative. The Dow is down 277.44 points or 0.8 percent at 32,992.33, the Nasdaq is down 99.04 points or 1.0 percent at 10,359.72 and the S&P 500 is down 32.78 points or 0.9 percent at 3,820.19.
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.