Stocks moved mostly lower over the course of morning trading on Thursday and continue to see significant weakness in the afternoon. The tech-heavy Nasdaq has led the way lower, tumbling to its lowest intraday level in five months.
Currently, the major averages are just off their lows of the session. The Nasdaq is down 242.73 points or 1.9 percent at 12,578.49, the S&P 500 is down 49.12 points or 1.2 percent at 4,137.65 and the Dow is down 214.77 points or 0.7 percent at 32,821.16.
For comments and feedback contact: editorial@rttnews.com
Business News
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.