After skyrocketing at the start of trading on Wednesday, stocks have given back some ground over the course of the session but remain sharply higher. The major averages are all posting significant gains after ending the previous session narrowly mixed.
Currently, the Dow is up 1,083.34 points or 2.3 percent at 47,667.80, the Nasdaq is up 565.07 points or 2.6 percent at 22,582.92 and the S&P 500 is up 139.84 points or 2.1 percent at 6,756.69.
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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.