European stocks look set to open on a sluggish note on Friday, with trading volumes likely to remain thin amid a holiday in the United States in observance of Juneteenth.
Technology stocks may come under selling pressure after Accenture slashed its annual revenue growth forecast, citing a challenging demand environment.
On the geopolitical front, the U.S.-Iran preliminary peace deal took effect and shipping started returning to the Strait of Hormuz after months of disruption as the United States declared an end to its blockade.
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Business News
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.