Following the mixed performance seen in the previous session, stocks may move to the downside in early trading on Wednesday. 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.
Inflation concerns may weigh on Wall Street following yesterday's report showing consumer price inflation slowed by less than expected in January.
The inflation data has led to worries the Federal Reserve may raise interest rates higher than currently anticipated in an effort to combat elevated inflation.
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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.