Stocks have shown a lack of direction over the course of the trading day on Wednesday, with the major averages bouncing back and forth across the unchanged line following the mixed performance seen in the previous session.
Currently, the major averages are narrowly mixed. While the Nasdaq is down 15.39 points or 0.1 percent at 26,360.95, the S&P 500 is up 4.78 points or 0.1 percent at 7,516.13 and the Dow is up 249.38 points or 0.5 percent at 52,249.05.
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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.