After ending the previous session mostly lower, stocks may move back to the 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 0.4 percent.
A spike by shares of Intel (INTC) may generate early buying interest, as the semiconductor giant is soaring by more than 25 percent in pre-market trading.
The surge by Intel comes after the chipmaker reported much better than expected first quarter earnings and forecast second quarter revenues above analyst estimates.
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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.