After trending higher over the past several sessions, stocks may show a lack of direction in early trading on Thursday. The major index futures are currently pointing to a roughly flat open for the market, with the Dow futures down by just 3 points.
Uncertainty about the near-term outlook for the markets may keep some traders on the sidelines after the major averages once again reached new record closing highs on Wednesday.
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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.