News Bulletin
Thursday, August 20, 2026
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Thursday, August 20, 2026 |
||||
|
8:30 |
Philadelphia Fed Manufacturing Index (Aug) |
47.40 |
24.10 |
41.40 |
|
8:30 |
Initial Jobless Claims |
206K |
210K |
212K |
|
8:30 |
Philly Fed Employment (Aug) |
27.90 |
|
10.00 |
|
8:30 |
Continuing Jobless Claims |
1,799K |
1,790K |
1,781K |
|
10:00 |
US Leading Index (MoM)
(Jul) |
0.20% |
0.10% |
-0.10% |
|
13:00 |
30-Year TIPS Auction |
2.97% |
|
2.47% |
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
52,762.30 |
52,523.30 |
49,525.11 |
|
NASDAQ |
26,067.17 |
25,930.72 |
24,230.22 |
|
S&P 500 |
7,641.49 |
7,533.14 |
7,090.33 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC:
After Market Close)
|
COMPANY |
EPS Act |
EPS
Fore |
Rev
Act |
Rev
Fore |
Mkt Cap |
Time |
|
WalmartWMT:US |
0.81 |
0.74 |
187.9B |
186.96B |
$977.76B |
AM |
|
Deere & CompanyDE:US |
5.1 |
4.72 |
12.61B |
10.85B |
$144.30B |
AM |
|
Ross StoresROST:US |
- |
1.94 |
- |
6.14B |
$82.47B |
PM |
|
WorkdayWDAY:US |
- |
2.61 |
- |
2.64B |
$32.17B |
PM |
|
Dollar TreeDLTR:US |
- |
1.09 |
- |
4.85B |
$24.30B |
AM |
|
Burlington StoresBURL:US |
- |
2.16 |
- |
3.02B |
$19.08B |
AM |
|
GapGPS:US |
- |
0.5 |
- |
3.71B |
$9.34B |
PM |
|
AimcoAIV:US |
- |
- |
- |
- |
$6.45B |
PM |
|
Advance Auto PartsAAP:US |
1.03 |
0.8 |
2B |
2.04B |
$4.31B |
AM |
|
Osi SystemsOSIS:US |
- |
3.77 |
- |
531.45M |
$4.01B |
PM |
|
HUBHUBG:US |
- |
0.29 |
- |
941.12M |
$2.56B |
|
|
Flowers FoodsFLO:US |
- |
0.24 |
- |
1.24B |
$1.52B |
PM |
|
Prospect CapitalPSEC:US |
- |
0.11 |
- |
158.67M |
$1.14B |
PM |
Market News:
Wall Street dropped on Thursday, as a
rally in U.S. government bonds sparked by a surprise Treasury intervention move
faded. Sentiment was also dented by oil prices extending their weekly gains
after President Donald Trump vowed "economic warfare and isolation on an
unprecedented scale" against Iran.
Bonds under pressure again
The fixed-income space continued to grab
most of the market’s attention.
The U.S. Department of the Treasury on
Wednesday said it would increase the size of repurchases of long-dated
government debt to at least $4 billion from $2 billion. The announcement
sparked a rally in U.S. Treasury bonds, sending yields sliding, especially in
longer-term maturities. The 30-year yield slumped 9.1
basis points, pulling back from a nearly two-decade high, while the benchmark
10-year yield declined 5.3 basis points.
The rally turned out to be short-lived,
as traders resumed selling bonds on Thursday, with the 30-year yield last up
4.9 basis points to 5.243%. A key driver was an update that total U.S. debt had
surpassed $40 trillion, exacerbating fiscal worries.
Fed minutes show elevated inflation
jitters
Market participants on Thursday were
also digesting the minutes of the Fed’s July meeting published the previous
day. The central bank had held interest rates steady at that meeting, but three
regional presidents had dissented and had favored a
quarter-point hike instead, underscoring the uncertainty facing the Fed in
terms of inflation.
The minutes showed "many"
policymakers seeing rate hikes likely if inflation did not decline. They also
showed that "most" officials supported the July rate decision.
"Participants judged that their
inflation outlooks were highly uncertain and that inflation risks were skewed
to the upside. Many participants noted that the recent re-escalation of the
conflict in the Middle East significantly clouded the inflation outlook. These
participants remarked that a protracted conflict could prolong supply chain challenges
and could put upward pressures on inflation," the minutes added.
"The underlying data doesn’t quite
support a bearish outlook but rather a digestion period. The S&P 500 and
Russell 2000 are hitting record highs, and CPI landed right on consensus last
week, pulling the odds of a September Fed rate hike down to around 30%, from
over 50% just a week earlier. We view this as a supportive backdrop, not a
warning sign," Pathstone’s McGowan told
Investing.com
Oil prices now up more than 7% for the
week
Looking at the Middle East, oil prices
on Thursday extended their weekly advance to more than 7%. Brent crude futures,
the global benchmark, were last up 2.5% to $93.88 a barrel, as an impasse
between the U.S. and Iran over the Strait of Hormuz showed no signs of ending.
Trump on Thursday said "no
one" had given Iran a "greater opportunity" to make a deal and
that Tehran had failed to do so. The U.S. president promised to escalate
economic warfare against the country.
"I am also announcing that ANY country
that allows its financial institutions, businesses, airports, or government
entities to provide any type of lifeline to Iran will itself face TREMENDOUS
Economic Consequences. Oil smuggling, swap lines, cash transfers, exchange
houses, ship registries, front companies — It all
needs to stop NOW," Trump posted on his Truth Social service.
"This will be an ECONOMIC
D-DAY," he added.
Iran appeared to dismiss the threat,
with foreign minister Abbas Araghchi
calling it a "diversion from America’s own crisis: unprecedented debt
& surging interest costs."
"Doubling down on failed policies
will only bring further defeat," Araghchi
warned.
Walmart disappoints, Deere surges
Turning to Thursday’s earnings calendar,
shares of Walmart slumped 9.5%, after the retail
giant and consumer bellwether posted its smallest U.S. comparable sales growth
in six years. The metric also missed expectations.
For internal use only