Shares of Covance Inc. (CVD) climbed throughout the first hour of trade Thursday and rose further late in the afternoon. The stock finished up by $2.35 at $47.70. Covance Inc. rose above a 2 1/2 week trading range Thursday and closed at over a 7-month high.
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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.