Stocks have shown a lack of direction over the course of the trading day on Friday, with the major averages bouncing back and forth across the unchanged line after ending the previous session sharply higher.
Currently, the major averages are turning in a mixed performance on the day. While the Nasdaq is down 87.98 points or 0.3 percent at 25,721.68, the S&P 500 is up 2.94 points or less than a tenth of a percent at 7,397.24 and the Dow is up 194.97 points or 0.4 percent at 51,043.72.
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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.