With much stronger than expected jobs data adding to recent concerns about the outlook for interest rates, stocks have moved mostly lower in morning trading on Friday. The major averages have all moved to the downside, although selling pressure has been somewhat subdued.
Currently, the major averages are off their lows of the session but still in negative territory. The Dow is down 177.89 points or 0.5 percent at 32,941.68, the Nasdaq is down 36.44 points or 0.3 percent at 13,183.39 and the S&P 500 is down 19.83 points or 0.5 percent at 4,238.36.
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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.