After coming under pressure early in the session, stocks showed a notable turnaround over the course of the trading day on Thursday. The major averages climbed well off their worst levels of the day and into positive territory.
The major averages all closed higher on the day, although the Dow inched up just 2.57 points or less than a tenth of a percent to 33,485.29. The Nasdaq advanced 91.09 points or 0.8 percent to 12,087.96 and the S&P 500 rose 14.64 points or 0.4 percent to 4,105.02.
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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.