After ending yesterday's choppy session narrowly mixed, stocks are likely to move to the downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.7 percent.
Technology stocks are likely to lead the way lower, as reflected by the 1.3 percent slump by the tech-heavy Nasdaq 100 futures.
Companies tied to artificial intelligence infrastructure are likely to come under pressure after a report from the Wall Street Journal said OpenAI recently missed its own targets for new users and revenue.
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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.