U.S. stocks rallied on Tuesday, bouncing back from recent losses, thanks to hectic bargain hunting, particularly in the banking sector.
The assurance from the regulators that there won't be a relapse of the financial crisis from 15 years ago helped lift sentiment.
Data showing a drop in U.S. consumer prices in the month of February contributed significantly to the positive mood in the market.
The major averages all ended on the positive side. The Dow ended with a gain of 336.26 points or 1.06 percent at 32,155.40, snapping a five-day losing streak. The index scaled a high of 32,306.59 and a low of 31,805.40 intraday.
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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.