After showing a strong move to the upside early in the session, stocks have given back ground over the course of the trading day on Thursday. The major averages have pulled back well off their highs of the session, with the Nasdaq and S&P 500 briefly dipping below the unchanged line.
Currently, the major averages are all in positive territory. The Dow is up 299.40 points or 0.6 percent at 50,218.18, the Nasdaq is up 94.10 points or 0.4 percent at 25,263.60 and the S&P 500 is up 20.89 points or 0.3 percent at 7,287.88.
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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.