After moving sharply lower early in the session, stocks continue to see substantial weakness in afternoon trading on Tuesday. The major averages have all shown significant moves to the downside after ending the previous session just below the unchanged line.
Currently, the major averages are well off their worst levels of the day but still firmly negative. The Dow is down 393.41 points or 1.2 percent at 33,658.29, the Nasdaq is down 113.56 points or 0.9 percent at 12,099.03 and the S&P 500 is down 46.75 points or 1.1 percent at 4,121.12.
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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.