Stocks moved to the downside early in the session on Monday but showed a significant turnaround over the course of the trading day. The major averages climbed well off their worst levels of the day and firmly into positive territory.
The major average saw further upside late in the day, reaching new highs for the session. The Nasdaq surged 280.84 points or 1.2 percent to 23,183.74, the S&P 500 jumped 69.35 points or 1.0 percent to 6,886.24 and the Dow climbed 301.68 points or 0.7 percent to 48,218.25.
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Business News
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.