UBS upgraded its rating on shares of Gildan Activewear Inc. (GIL) Tuesday morning from a "Neutral" to a "Buy." Gildan Activewear Inc. rose steadily until mid-morning Tuesday and finished higher by $2.21 at $15.94 on above average volume. The stock climbed to over a 5 1/2 month high and re-crossed its 200-day moving average.
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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.