After coming under pressure in late morning trading on Wednesday, stocks have regained ground over the course of the session. The major averages have climbed well off their worst levels but currently remain in negative territory.
The Nasdaq fell to its lowest intraday level in almost a month earlier in the session and is currently down 92.69 points or 0.7 percent at 13,791.64. The S&P 500 is down 12.32 points or 0.3 percent at 4,487.06, while the Dow is down 54.25 points or 0.2 percent at 35,260.24.
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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.