Following the mixed performance seen during Thursday's session, stocks showed a significant move to the downside during trading on Friday. The major averages all moved lower, with the tech-heavy Nasdaq showing a particularly steep drop.
The major averages ended the day off their worst levels of the session but still in negative territory. The Nasdaq plunged 398.69 points or 1.7 percent to 23,195.17 and the S&P 500 tumbled 73.59 points or 1.1 percent to 6,827.41.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.