Stocks moved to the upside early in the session on Friday but have come under pressure over the course of the trading day. After reaching new record intraday highs in early trading, the major averages have pulled back firmly into negative territory.
Currently, the major averages are just off their lows of the session. The Dow is down 362.91 points or 0.8 percent at 45,258.38, the Nasdaq is down 147.36 points or 0.7 percent at 21,560.33 and the S&P 500 is down 51.59 points or 0.8 percent at 6,450.49.
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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.