After failing to sustain an initial move to the upside, stocks have shown a lack of direction over the course of the trading session on Wednesday. The major averages have pulled back off their highs of the session and are now lingering near the unchanged line.
Currently, the major averages are posting modest losses. The Dow is down 46.40 points or 0.1 percent at 46,246.38, the S&P 500 is down 3.86 points or 0.1 percent at 6,653.06 and the Nasdaq is down 5.59 points or less than a tenth of a percent at 22,567.88.
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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.