Stocks are likely to move to the upside in early trading on Thursday, adding to the strong gains posted in the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.6 percent.
The upward momentum on Wall Street comes after President Donald Trump announced a 100 percent tariff on imports of semiconductors and chips but said companies that are "building in the United States" would be exempt.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.