After failing to sustain an initial move to the upside, stocks have moved mostly lower over the course of the trading day on Wednesday. With the downturn on the day, the major averages are adding to the steep losses posted during Tuesday's session.
Currently, the major averages are off their worst levels of the day but remain firmly negative. The Dow is down 241.63 points or 0.7 percent at 33,377.25, the Nasdaq is down 70.21 points or 0.5 percent at 12,993.40 and the S&P 500 is down 25.24 points or 0.6 percent at 4,248.29.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.