After falling sharply earlier this morning, U.S. stock futures have significantly pared their losses following the release of better than expected jobs data. The Dow futures are currently down by 207 points after falling more than 500 points.
The rebound by the futures came after a closely watched Labor Department report showed U.S. employment once again jumped by much more than expected in the month of February.
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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.