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U.S. Stocks Giving Back Ground Following Recent Strength

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Stocks have moved mostly lower during trading on Friday, giving back ground after trending higher over the past few sessions. The major averages have all moved to the downside, with the tech-heavy Nasdaq showing a particularly steep drop.

Currently, the major averages are off their lows of the session but still firmly negative. The Nasdaq is down 259.36 points or 1.2 percent at 21,445.80, the S&P 500 is down 47.98 points or 0.7 percent at 6,453.88 and the Dow is down 188.27 points or 0.4 percent at 45,448.63.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.