Following the pullback seen during Wednesday's session, stocks moved mostly higher over the course of the trading day on Thursday. The Dow showed a significant move back to the upside, reaching a new record closing high.
The Dow gave back some ground going into the end of the day but still jumped 874.86 points or 1.7 percent to 51,561.93. The S&P 500 also climbed 30.63 points or 0.4 percent to 7,584.31 but the tech-heavy Nasdaq closed down 23.02 points or 0.1 percent at 26,830.98.
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Market Analysis
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.