Following the sharp pullback seen in the previous session, stocks are likely to move back to the upside in early trading on Thursday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 213 points.
A positive reaction to the latest batch of corporate earnings news may contribute to an initial rebound on Wall Street.
Shares of Disney (DIS) are surging 5.7 percent in pre-market trading after the entertainment giant reported better than expected fiscal first quarter results.
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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.