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  1. US markets today: Dow, S&P 500, Nasdaq futures indicate gap-up open as investors focus on July inflation data release

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US markets today: Dow, S&P 500, Nasdaq futures indicate gap-up open as investors focus on July inflation data release

Anubhav Mukherjee

4 min read | Updated on August 12, 2026, 18:29 IST

SUMMARY

US equity futures were trading higher, indicating a higher opening on Wednesday, August 12, as investors focus on the upcoming July 2026 inflation data release.

Dow Jones, S&P 500 and Nasdaq futures indicate a positive open ahead of the opening bell on Wednesday, August 12. | Image: Shutterstock

Dow Jones, S&P 500 and Nasdaq futures indicate a positive open ahead of the opening bell on Wednesday, August 12. | Image: Shutterstock

US markets today: Equity market futures indicate a gap-up Wall Street opening on Wednesday, August 12, as investors focus on the upcoming US CPI inflation data release amid elevated crude oil prices in the global market and positive momentum from Asian markets.
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Investing.com data showed that the Dow Jones futures were trading 0.27% higher at 54,027 points ahead of the opening bell on August 12, indicating a more than 230-point higher opening on Wednesday’s US market session.

The S&P 500 index futures were trading 0.43% higher at 7,779.50 points ahead of the equity market open, indicating a 50-point higher opening when compared to the previous stock market close, as per the exchange data.

The tech-heavy Nasdaq 100 futures were trading 0.87% higher at 29,872.50 points ahead of the Wall Street open on Wednesday’s market, indicating around a 350-point higher opening on August 12.

Key things to watch before US market opens

US inflation data in focus

On Wednesday, the US Bureau of Labour Statistics is set to announce the key consumer price index (CPI) data, which will show the inflation growth rate of the American economy for the 12 months ended July 2026.

The filings data showed that the US CPI inflation for June 2026 was at 3.5%, against a 4.2% inflation rate in May 2026. The department is set to announce the key economic data at 8:30 am (ET) in the United States.

Investors will also remain focused on the Monthly Treasury balance, which is set to be released at 2 pm (ET) on August 12.

US markets recap

US equity indices witnessed a sharp pullback on Tuesday’s market session as investors focused on the elevated crude oil prices and placed their trades ahead of key economic data release on August 12.

The Dow Jones Industrial Average ended 0.34% lower at 53,791.85 points after the trading session on Tuesday, compared to 53,975.98 points at the previous equity market close, according to MarketWatch data.

The S&P 500 index closed 0.32% lower at 7,728.20 points after the trading session on August 11, compared to 7,753.11 points at the previous Wall Street close, as per the exchange data.

The Nasdaq 100 index ended 0.33% lower at 29,525.48 points after the US stock market session on Tuesday, in comparison to 29,621.80 points at the previous equity market close.

US stocks to watch on August 12

Cisco Systems: US-based Cisco Systems shares were trading around 2% higher during the pre-market session on Nasdaq, as the technology firm is set to release its June quarter results. The exchange data showed that Cisco Systems will release its earnings report during post-market hours on Wednesday.
Coherent Corp.: Coherent shares were trading 6% higher during the pre-market hours on NYSE as investors focused on the company’s upcoming June quarter earnings announcement.

The company is set to announce its earnings during the after-market hours on August 12.

Key earnings stocks: Stocks like Nebius Group, Pan American Silver Corp., Amcor, Performance Food Group, Trimble, Brinker International, Fervo Energy, and Beta Technologies are among others set to release their earnings on August 12, 2026.
Tech stocks: Technology stocks like SK Hynix ADR, Nvidia, Broadcom, AMD, Qualcomm, Taiwan Semiconductor (TSMC), Texas Instruments, ASML Holdings, and Oracle, among others, will be in focus on Wednesday after positive momentum from the Asian markets.

Crude oil prices above $90/barrel

Global crude oil prices surged to $90 per barrel (bbl) during Wednesday’s trading session, as commodity market investors focused on reports forecasting higher oil and gas prices amid no signs of a near-term end of the West Asia conflict.

Investing.com data suggests that Brent crude oil prices touched an intraday high of $90.06 per bbl on Wednesday’s market, in comparison to $88.91 per bbl at the previous commodity market close.

As of 5:57 pm (IST), the global benchmark Brent crude prices were trading 0.31% higher at $89.24 per bbl, when compared to the previous market close.

Latest reports from CNN also suggest that Iran’s Islamic Revolutionary Guard Corps said that Iran could ‘prolong’ the war with the United States until US President Donald Trump is reportedly out of office.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post-Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

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