Stocks have moved mostly lower during trading on Wednesday, extending the pullback seen during the previous session. The Nasdaq and the S&P 500 have both moved to the downside on the day, although the narrower Dow has managed to buck the downtrend.
Currently, the Nasdaq is down 160.28 points or 1.3 percent at 11,966.05 and the S&P 500 is down 19.10 points or 0.5 percent at 4,081.50. Meanwhile, the Dow has spent some time in negative territory but is currently up 31.72 points or 0.1 percent at 33,434.10.
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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.