{"id":77102,"date":"2026-08-13T12:06:35","date_gmt":"2026-08-13T12:06:35","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/08\/13\/wall-street-might-continue-in-positive-territory-3\/"},"modified":"2026-08-13T12:06:35","modified_gmt":"2026-08-13T12:06:35","slug":"wall-street-might-continue-in-positive-territory-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/08\/13\/wall-street-might-continue-in-positive-territory-3\/","title":{"rendered":"Wall Street Might Continue In Positive Territory"},"content":{"rendered":"
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Investor sentiments are slightly positive on Thursday as oil prices started retreating on reduced global demand. Asian shares finished mixed on Thursday, while European shares are trading mostly up.<\/p>\n

In the Asian trading hours, Brent crude futures fell 2.1 percent to $87.13 a barrel, gold prices inched lower. Spot gold fell 0.6 percent to $4,384.03 an ounce. The U.S. dollar was steady. <\/p>\n

As of 8.00 am ET, the Dow futures were losing 19.00 points, the S&P 500 futures were losing 1.00 points and the Nasdaq 100 futures were slightly up 0.50 points.<\/p>\n

The U.S. major averages finished mostly higher on Wednesday. The tech-heavy Nasdaq climbed 143.04 points or 0.5 percent to 26,588.49 and the S&P 500 rose 20.30 points or 0.3 percent to 7,748.50.<\/p>\n

The Dow closed down 21.58 points or less than a tenth of a percent at 53,770.27.<\/p>\n

On the economic front, the Jobless Claims for the week will be released at 8.30 am ET. The consensus is 203K, while it was up 199K in the prior week. <\/p>\n

The PPI-Final demand for July will be issued at 8.30 am ET. The consensus is for an increase of 0.2 percent, while it was down 0.3 percent in the prior month. <\/p>\n

The Energy Information Administration or EIA’s Natural Gas report for the week is scheduled at 10.30 am ET. In the prior week, the gas stock was 33 bcf. <\/p>\n

Twenty-year Treasury Bond auction will be held at 11.00 am ET. 30-year Treasury Inflation-Protected Securities or TIPS auction will be held at 11.00 am ET. <\/p>\n

Thirty-year Treasury Bond auction will be held at 1.00 pm ET. <\/p>\n

The Fed Balance Sheet for the week will be published at 4.30 pm ET. In the prior week, the Level was $6.749 trillion.<\/p>\n

Asian stocks ended mixed on Thursday. China’s Shanghai Composite index ended half a percent lower at 3,926.96, giving up early gains. Hong Kong’s Hang Seng index slipped 0.17 percent to 25,396.51.<\/p>\n

Japanese markets<\/span> rose sharply. The Nikkei average climbed 1.16 percent to 68,308.59 while the broader Topix index closed 0.89 percent higher at 4,176.04. <\/p>\n

Australian markets ended slightly lower. The benchmark S&P\/ASX 200 slipped 0.23 percent to 9,188.50, dragged down by mining stocks. The broader All Ordinaries index dropped 0.25 percent to 9,381.40. <\/p>\n<\/p>\n

Business News<\/p>\n<\/div>\n