Brent Oil at $88 | Tech stocks take Nasdaq higher | Jio Fin strikes deal with BoA

Brent Oil at $88 | Tech stocks take Nasdaq higher | Jio Fin strikes deal with BoA

Global markets are heading into Thursday’s session with mixed-to-cautious sentiment. U.S. equities ended mixed, with the Dow slipping while the S&P 500 and Nasdaq gained, as July CPI data came broadly in line with expectations and helped ease concerns around the inflation outlook. Strong earnings from AI and semiconductor-linked companies, including CoreWeave and Super Micro, further supported technology stocks.
However, geopolitical risks remain a key overhang. Uncertainty surrounding the Strait of Hormuz and renewed Israeli air strikes in Gaza are keeping oil prices elevated and investor sentiment cautious. Asian markets are also trading mixed, while gold has climbed to a more than two-month high amid safe-haven demand.
For India, GIFT Nifty points to a muted opening, suggesting that domestic equities may start the session on a cautious note. Investors will track global market trends, crude oil movements, West Asia developments and the upcoming U.S. PPI data for further direction.

first published: Aug 13, 2026 08:21 am