After turning mixed over the course of the previous session, stocks are likely to come under pressure in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 154 points.
Early selling pressure may be generated in reaction to a report from the Commerce Department showing U.S. retail sales tumbled by much more than expected in the month of July.
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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.