Stocks are likely to move mostly higher in early trading on Thursday, extending the upward move seen over the past several sessions. The major index futures are currently pointing to initial strength on Wall Street, with the S&P 500 futures up by 0.8 percent.
Optimism about the outlook for interest rates may contribute to continued strength on Wall Street following the Federal Reserve's monetary policy announcement on Wednesday.
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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.