Stocks have moved mostly higher during trading on Thursday, rebounding following the downturn seen over the course of the previous session. The major averages have all moved to the upside, with the tech-heavy Nasdaq leading the advance.
Currently, the Nasdaq is just off its highs of the session, up 155.03 points or 1.1 percent at 14,301.75. The S&P 500 is also up 30.10 points or 0.7 percent at 4,579.44, while the narrower Dow is posting a more modest gain, up 26.43 points or 0.1 percent at 36,080.86.
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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.