The August 12, 2025, Pre-Market Briefing recapped Monday’s modest gains with the S&P 500 up 0.2% to 6,352, Nasdaq up 0.3% to 21,301, and Dow up 0.1% to 43,984, driven by tech and tariff optimism. Pre-market trading showed mixed global movements, with Tecan (+0.6%) and Nvidia (+0.5%) gaining ahead of earnings, while Ceconomy (-0.4%) lagged amid retail concerns. The episode highlighted rising geopolitical tensions from Iran’s nuclear progress, boosting oil ($80.50/barrel) and gold ($2,455/oz), alongside Bitcoin’s stability at $114,350. Markets await U.S. consumer price data (expected 2.8% year-over-year) and the end of the U.S.-China tariff pause, with a busy week of earnings from Tecan, Norma Group, Ceconomy, and K+S. Futures suggest a steady open, with focus on trade impacts and global economic indicators shaping the day’s outlook.