Morning Brief — Fri., May 15, 2026
ES
7,454.25
-0.95%
NQ
29,285.75
-1.35%
VIX
18.60
+7.76%
DXY
99.14
+0.32%
The Big Story
Iran-Hormuz escalation is driving inflation fears and pressuring risk assets.
- Nasdaq and S&P 500 futures fell as yields jumped on inflation worries.
- Shipping routes shifted around Iran-war risk, raising goods-price concerns.
- UAE moved to accelerate an oil pipeline project to bypass Hormuz.
- Trump said a decision is coming on Chinese companies buying Iranian oil.
- Iran said Hormuz passage remains open except to vessels at war with it.
Pre-Market Price Action
SPY
741.01
Below Prior Day Low
QQQ
710.20
Below Prior Day Low
AAPL
294.91
Below Prior Day Low
AMD
434.99
Below Prior Day Low
AMZN
263.20
Below Prior Day Low
GOOGL
394.45
Below Prior Day Low
META
609.46
Below Prior Day Low
MSFT
412.00
Above Prior Day High
NVDA
230.58
Within Prior Day Range
TSLA
434.48
Below Prior Day Low
Pre-Market Movers
Gainers
MSFT
412.20
+1.00%
WMT
133.59
+0.88%
JNJ
231.55
+0.65%
MRK
113.52
+0.49%
CRM
168.60
+0.48%
Decliners
INTC
110.70
-3.18%
NVDA
230.70
-3.01%
AMD
434.98
-2.80%
AVGO
430.14
-2.24%
TSLA
434.50
-1.79%
Key Levels
| Ticker | Last | PDH | PDL | VWAP | Range Break | Chg |
|---|---|---|---|---|---|---|
| SPY | 741.03 | 749.53 | 743.56 | 739.74 | Below PDL | -0.17% |
| QQQ | 710.16 | 722.03 | 714.22 | 710.45 | Below PDL | -0.64% |
| AAPL | 294.91 | 300.45 | 295.38 | 294.84 | Below PDL | -1.32% |
| AMD | 434.90 | 453.31 | 435.68 | 448.04 | Below PDL | -2.38% |
| AMZN | 263.20 | 270.78 | 266.63 | 268.81 | Below PDL | -2.57% |
| GOOGL | 394.45 | 402.93 | 395.84 | 394.45 | Below PDL | -2.03% |
| META | 609.46 | 623.73 | 615.00 | 607.84 | Below PDL | -1.16% |
| MSFT | 412.19 | 411.84 | 400.88 | 409.78 | Above PDH | +1.72% |
| NVDA | 230.55 | 236.54 | 229.30 | 222.98 | Inside Range | +2.09% |
| TSLA | 434.48 | 451.98 | 441.16 | 436.64 | Below PDL | -2.42% |