June 12, 2026
Nasdaq marks lowest close since Nov 25
Investors are trying to gauge the trajectory of rate cuts from the central bank
Trump issues final tariff notices to 7 trading partners while Bitcoin hits record high
World Bank cuts global growth forecast for 2025
Dow and S&P 500 finish flat while Nasdaq up 0.28% while Snowflake jumps after raising product revenue outlook
The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride
Fed officials say that tariffs will boost inflation, while slower growth is expected this year
Uncertainty over the outlook for tariffs is still high
