After trending higher in recent sessions, stocks moved back to the downside over the course of the trading day on Tuesday. The major averages showed a lack of direction early in the session but slid firmly into negative territory as the day progressed.
The major averages regained some ground going into the close but remained in the red. The Dow slid 198.77 points or 0.6 percent to 33,402.38, the Nasdaq fell 63.13 points or 0.5 percent to 12,126.37 and the S&P 500 declined 23.91 points or 0.6 percent to 4,100.60.
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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.