Stocks showed a substantial turnaround over the course of the trading session on Friday, rebounding from early weakness to end the day sharply higher. The major averages all moved to the upside, with the tech-heavy Nasdaq leading the charge.
The major averages pulled back off their best levels going into the close but remained firmly positive. The Nasdaq surged 211.51 points or 1.6 percent to 13,431.34, the S&P 500 jumped 50.31 points or 1.2 percent to 4,308.50 and the Dow advanced 288.01 points or 0.9 percent to 33,407.58.
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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.