After coming under pressure over the course of morning trading on Wednesday, stocks continue to see notable weakness on the day. The major averages have all moved to the downside after ending the previous session mixed.
Currently, the major averages are off their lows of the session but remain firmly negative. The Dow is down 405.65 points or 1.2 percent at 33,505.20, the Nasdaq is down 81.21 points or 0.7 percent at 11,013.91 and the S&P 500 is down 39.17 points or 1.0 percent at 3,951.80.
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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.