After moving sharply lower early in the session, stocks continue to see significant weakness in afternoon trading on Tuesday. The major averages have more than offset the gains posted in the previous session, falling to their worst intraday levels in over three months.
The major averages have seen further downside in recent trading, hitting new lows for the session. The Dow is down 393.85 points or 1.2 percent at 33,613.03, the Nasdaq is down 195.76 points or 1.5 percent at 13,075.56 and the S&P 500 is down 60.37 points or 1.4 percent at 4,277.07.
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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.