Stocks are likely to move to the downside in early trading on Monday, extending the pullback seen in the previous session. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.6 percent.
Concerns about the outlook for interest rates may continue to weigh on Wall Street following last week's stronger than expected jobs data.
Trading activity may be somewhat subdued, however, with a lack of major U.S. economic data likely to keep some traders on the sidelines.
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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.