Market Pulse: Key triggers to watch before the August 20 trading session

US stock market today: Nasdaq leads gains as ASML lifts AI sentiment, inflation eases


Indian investors and markets will look for positive trading cues on Thursday after US stocks opened higher as Treasury yields eased following the US T…

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US Markets | US stocks opened higher on Wednesday, with the Dow Jones Industrial Average gaining 306 points, or 0.6%, as Treasury yields eased after the Treasury Department announced an increase in its buyback operation for longer-term debt. The S&P 500 rose 0.5%, while the Nasdaq Composite advanced 0.2%.

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Crude oil | Oil prices remained near three-week highs on Wednesday, supported by uncertainty around shipments through the Strait of Hormuz and continued supply disruptions. Brent crude futures rose 18 cents, or 0.2%, to $91.20 a barrel by 1302 GMT, while US West Texas Intermediate crude gained 16 cents, or 0.19%, to $85.10. Brent and WTI had earlier touched their highest levels since July 30 and July 31, respectively, before paring gains.

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US weekly jobless claims | The US is set to release its weekly jobless claims and Philadelphia Fed Manufacturing Index data at 6:00 PM IST on Thursday. Last week, weekly jobless claims stood at 213,000.

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Core Sector growth | India is set to release July 2026 infrastructure/core sector growth data at 4:00 PM IST on Thursday. In June 2026, the Index of Core Industries (ICI) grew 5% year-on-year, up from 3.2% in May 2026 under the revised 2022-23 base-year series.

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Earnings | Global earnings due on Thursday include APA, Medibank and Northern Star Resources in Australia; Ping An, AIA, Seres, Heng Rui Pharma, NetEase, Pop Mart, Li Ning and Chery Auto in Hong Kong; and Novonesis and Aegon Ltd in Europe. In the US, Walmart is scheduled to report at 4:30 PM IST, followed by Deere & Company.

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Railway stocks | The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved four railway multitracking projects with a total estimated cost of ₹9,450 crore. The projects, spread across West Bengal, Odisha, Tamil Nadu and Andhra Pradesh, are expected to add around 410 km to the existing Indian Railways network and are scheduled for completion by 2030-31.



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