Following the mixed performance seen in the previous session, stocks are likely to move mostly lower in early trading on Friday. The major index futures are currently pointing to initial weakness on Wall Street, with the Dow futures down by 303 points.
The Dow appears poised to extend a recent downtrend, which has seen the blue chip index close lower for four straight sessions and seven out of the past nine.
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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.