Stocks showed a strong move to the upside in early trading on Thursday but have given back ground over the course of the session. The major averages have pulled back well off their highs of the session, with the Dow falling into negative territory.
After surging as much as 1.7 percent early in the session, the Nasdaq is up 58.59 points or 0.4 percent at 14,185.87. The S&P 500 is also up 4.26 points or 0.1 percent at 4,571.01, but the Dow is down 32.98 points or 0.1 percent at 35,487.14.
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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.