Morning Brief — Mon., March 9, 2026
ES
6,686.25
-0.85%
NQ
24,442.50
-0.92%
VIX
30.82
+4.51%
DXY
99.26
+0.28%
The Big Story
Iran war drives oil above $100, stagflation fears hammer global markets
- WTI crude nearly touched $120/barrel; Gulf states cutting output due to Strait of Hormuz blockage
- Dow futures tumble 500 points as stagflation fears mount
- US 1-year CPI swap rate exceeds 3% for first time since October
- Treasury yields climb as investors price in oil-driven inflation
- G7 scrambles emergency meeting, may release 300-400 million barrels of strategic reserves
Pre-Market Price Action
SPY
666.19
Below Prior Day Low
QQQ
593.67
Below Prior Day Low
AAPL
255.43
Within Prior Day Range
AMD
189.50
Below Prior Day Low
AMZN
210.02
Below Prior Day Low
GOOGL
294.28
Below Prior Day Low
META
637.10
Within Prior Day Range
MSFT
404.60
Below Prior Day Low
NVDA
176.25
Below Prior Day Low
TSLA
390.22
Below Prior Day Low
Pre-Market Movers
Gainers
XOM
152.60
+1.22%
COST
993.52
+1.11%
CVX
191.81
+1.01%
ADBE
281.65
-0.03%
WMT
123.05
-0.21%
Decliners
INTC
42.40
-7.73%
AMD
189.50
-4.98%
AMZN
210.25
-4.01%
NVDA
176.25
-3.83%
TSLA
390.18
-3.79%
Key Levels
| Ticker | Last | PDH | PDL | VWAP | Range Break | Chg |
|---|---|---|---|---|---|---|
| SPY | 666.14 | 676.11 | 669.76 | 679.56 | Below PDL | -2.23% |
| QQQ | 593.57 | 606.00 | 598.33 | 604.27 | Below PDL | -2.52% |
| AAPL | 255.43 | 258.77 | 254.37 | 261.29 | Inside Range | -1.87% |
| AMD | 189.50 | 200.24 | 191.25 | 195.80 | Below PDL | -4.98% |
| AMZN | 210.02 | 217.32 | 212.53 | 212.84 | Below PDL | -4.11% |
| GOOGL | 294.35 | 300.53 | 295.18 | 301.91 | Below PDL | -2.18% |
| META | 637.10 | 649.47 | 636.11 | 653.94 | Inside Range | -3.55% |
| MSFT | 404.60 | 413.05 | 408.51 | 404.39 | Below PDL | -1.48% |
| NVDA | 176.25 | 182.76 | 176.82 | 180.59 | Below PDL | -3.83% |
| TSLA | 390.22 | 402.35 | 394.21 | 398.95 | Below PDL | -3.78% |
Earnings This Week
Tue., March 10, 2026
After Market Close
ORCL
Est: 1.7
Thu., March 12, 2026
After Market Close
ADBE
Est: 5.87