Stocks are likely to extend the strong upward move seen over the past few sessions in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.8 percent.
Technology stocks are likely to lead an early advance on Wall Street, as reflected by the 1.4 percent jump by the Nasdaq 100 futures.
The upward momentum for the tech sector comes following upbeat earnings from some big-name companies like Google parent Alphabet (GOOGL).
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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.