After ending the previous session mostly higher, stocks are likely to see further upside in early trading on Friday. 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.
Strength in overseas markets may carry over onto Wall Street early in the session, as stocks look to snap a three-week losing streak.
Reflecting the rally on Tuesday and the late-day advance on Thursday, the major averages are starting the day posting strong gains for the week.
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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.