After moving sharply lower over the two previous sessions, stocks have moved back to the upside in morning trading on Friday. The Nasdaq has shown a particularly strong upward move amid strength among tech stocks.
Currently, the major averages are all in positive territory, although the Dow is up just 33.77 points or 0.1 percent at 33,078.33. The Nasdaq is up 113.98 points or 1.1 percent at 10,966.16, and the S&P 500 is up 21.43 points or 0.6 percent at 3,920.28.
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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.