Fed Chairman Jerome Powell's testimony before the Senate Banking Committee later in the day might get much attention on Tuesday. Earnings reports also will be watched by the investors. Initial signs from the U.S. Futures Index point to a broadly lower opening for Wall Street.
Asian shares finished mostly positive, while European shares are trading lower.
As of 7.25 am ET, the Dow futures were adding 17.00 points, the S&P 500 futures were down 14.75 points and the Nasdaq 100 futures were sliding 181.25 points.
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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.