Morning Brief — Fri., April 17, 2026
ES
7,097.00
+0.28%
NQ
26,547.50
+0.23%
VIX
17.87
-0.39%
DXY
98.09
-0.12%
The Big Story
Trump signals Iran concessions as oil eases and markets extend risk-on bets into earnings
- Trump signals flexibility in Iran talks and oil prices fall after he says the war should end ‘pretty soon,’ reinforcing the record-high equity rally
- US equities take in $17.4 billion and investors pull a record $172.2 billion from cash as risk-on positioning accelerates despite the Iran war
- Lebanon-Israel ceasefire takes effect and Lebanon says direct talks with Israel will be critical, widening hopes for broader regional de-escalation
- US enforces Iran port blockade with 12-plus ships, 100-plus aircraft and 10,000 troops while CENTCOM says no vessels have violated the blockade so far
- BoE warns the Iran war raises the odds of combined market stresses and India says refiners are scrambling to secure cargoes to meet local oil demand
Pre-Market Price Action
SPY
703.90
Above Prior Day High
QQQ
642.22
Above Prior Day High
AAPL
267.25
Above Prior Day High
AMD
276.79
Within Prior Day Range
AMZN
250.55
Above Prior Day High
GOOGL
336.14
Within Prior Day Range
META
677.79
Above Prior Day High
MSFT
424.95
Above Prior Day High
NVDA
198.91
Within Prior Day Range
TSLA
392.29
Within Prior Day Range
Pre-Market Movers
Gainers
LLY
924.11
+2.34%
CRM
185.88
+2.17%
AAPL
267.32
+1.22%
TSLA
392.30
+1.06%
ADBE
253.25
+1.06%
Decliners
PEP
157.25
-1.17%
NFLX
96.45
-0.93%
XOM
150.70
-0.83%
CVX
187.14
-0.51%
WMT
124.74
-0.44%
Key Levels
| Ticker | Last | PDH | PDL | VWAP | Range Break | Chg |
|---|---|---|---|---|---|---|
| SPY | 703.90 | 702.78 | 698.53 | 691.35 | Above PDH | +0.57% |
| QQQ | 642.26 | 642.18 | 635.26 | 626.94 | Above PDH | +0.76% |
| AAPL | 267.25 | 267.16 | 261.27 | 261.37 | Above PDH | +0.31% |
| AMD | 276.79 | 279.34 | 261.51 | 257.97 | Inside Range | +7.23% |
| AMZN | 250.55 | 250.00 | 244.20 | 244.25 | Above PDH | +0.82% |
| GOOGL | 336.14 | 339.88 | 334.52 | 328.64 | Inside Range | -0.29% |
| META | 677.79 | 677.58 | 667.75 | 653.46 | Above PDH | +0.92% |
| MSFT | 425.00 | 420.82 | 412.14 | 396.03 | Above PDH | +3.35% |
| NVDA | 198.90 | 199.85 | 195.81 | 193.54 | Inside Range | +0.02% |
| TSLA | 392.29 | 394.06 | 381.80 | 370.20 | Inside Range | +0.09% |
Economic Calendar
14:00
FOMC Member Waller Speaks