Stocks moved sharply higher 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 but remain in positive territory.
After surging by more than 450 points early in the session, the Dow is currently up 158.16 points or 0.5 percent at 35,281.52. The Nasdaq is up 69.95 points or 0.5 percent at 13,791.97 and the S&P 500 is up 18.24 points or 0.4 percent at 4,485.95.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.