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Updated Thu, August 13, 2026 astatine 7:05 AM CDT 1 min read
US banal futures roseate connected Thursday greeting up of different ostentation speechmaking and a slew of earnings.
Futures connected the Dow Jones Industrial Average (YM=F) climbed 0.3%, portion those connected the S&P 500 (ES=F) added 0.2%. Contracts for the tech-heavy Nasdaq-100 (NQ=F) moved up 0.1% aft a calm time connected Wall Street.
Cisco (CSCO) and Cerebras (CBRS) shared better-than-expected quarterly results and outlooks, but their stocks fell successful extended trading. Applied Materials (AMAT), which makes chipmaking equipment, reports results Thursday aft the banal has gained a whopping 190% implicit the past year.
Investors are watching for different ostentation speechmaking aft Wednesday's Consumer Price Index study showed ostentation easing successful July. The Producer Price Index, which tracks prices from the sellers' perspective, could supply different denotation of ostentation alleviation connected Thursday morning.
Though cooling CPI information prompted traders to slice bets of a September complaint hike, it apt wasn't capable to settee the disagreement among policymakers, and Fed watchers inactive expect astatine slightest 1 complaint hike by the extremity of the year.
One cardinal ostentation input — lipid prices — fell connected Thursday arsenic President Trump pivots from an progressive subject run to an economical unit campaign. The Trump medication has stated that the US retains "total control" implicit the Strait of Hormuz, disputing backstage data showing debased shipping traffic.
Initial jobless claims information is besides scheduled for merchandise connected Thursday, successful a coda to past week's amazingly anemic jobs report. And net from Tapestry (TPR), Dillard's (DDS), and Birkenstock Holding (BIRK) could springiness investors penetration into however retailers are managing tariff refunds.
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