Stocks may move to the upside in early trading on Friday, extending the upward trend seen over the past several sessions. The major index futures are currently pointing to a slightly higher open for the markets, with the S&P 500 futures up by 0.1 percent.
The markets may continue to benefit from recent upward momentum, which has lifted the major averages to new record highs despite the ongoing U.S. government shutdown.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.