Wall Street turned in a mixed performance on Thursday after a strong session a day earlier, with the NASDAQ and the S&P 500 opening higher and hitting fresh record closing highs.
Conversely, the Dow opened in the red and remained under water throughout the day, weighed by losses from heavyweight IBM, which may be facing an investigation into billing practices.
The Dow stumbled 316.38 points or 0.70 percent to finish at 44,693.91, while the NASDAQ gained 37.94 points or 0.18 percent to close ar 21,057.96 and the S&P 500 rose 4.44 points or 0.07 percent to end at 6,363.35.
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Business News
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.