Stocks may move to the upside in early trading on Wednesday, extending the rally seen over the two previous sessions. The major index futures are currently pointing to a moderately higher open for the markets, with the Dow futures up by 68 points.
The markets may continue to benefit from easing concerns about the Omicron variant of the coronavirus following comments from Pfizer (PFE) and BioNTech (BNTX) regarding the effectiveness of their vaccine.
For comments and feedback contact: editorial@rttnews.com
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.