Morning Brief — Thu., March 12, 2026
ES
6,742.50
-0.55%
NQ
24,862.75
-0.48%
VIX
25.42
+4.91%
DXY
99.33
+0.09%
The Big Story
IEA declares largest-ever oil supply disruption; Goldman warns $150 peak
- IEA: Gulf states cut 10 million bpd; largest oil supply disruption in history of global market
- US releases 172 million barrels from SPR; oil still rises above $94/barrel, up 70% since December
- Goldman raises price target, warns $150 oil possible if Strait of Hormuz stays shut through March
- US launches Section 301 trade probe into 16 partners including China, EU, Mexico and Japan
- US intelligence: Iran government not at risk of collapse, no near-term end to war
Pre-Market Price Action
SPY
672.84
Below Prior Day Low
QQQ
604.92
Below Prior Day Low
AAPL
260.55
Within Prior Day Range
AMD
203.47
Below Prior Day Low
AMZN
211.50
Within Prior Day Range
GOOGL
306.77
Within Prior Day Range
META
650.63
Within Prior Day Range
MSFT
402.99
Within Prior Day Range
NVDA
185.23
Within Prior Day Range
TSLA
408.13
Within Prior Day Range
Pre-Market Movers
Gainers
CVX
192.80
+3.49%
XOM
152.35
+2.85%
TSLA
408.24
+2.26%
INTC
47.75
+2.07%
UNH
284.12
+0.63%
Decliners
NFLX
94.36
-2.66%
HD
348.00
-2.56%
MA
502.03
-2.47%
V
307.44
-2.22%
PG
153.27
-1.76%
Key Levels
| Ticker | Last | PDH | PDL | VWAP | Range Break | Chg |
|---|---|---|---|---|---|---|
| SPY | 673.00 | 680.08 | 673.34 | 676.37 | Below PDL | -0.62% |
| QQQ | 604.92 | 612.43 | 605.03 | 605.49 | Below PDL | -0.47% |
| AAPL | 260.55 | 262.13 | 259.55 | 258.99 | Inside Range | -0.11% |
| AMD | 203.47 | 209.21 | 203.63 | 199.86 | Below PDL | +0.12% |
| AMZN | 211.50 | 217.00 | 211.35 | 214.58 | Inside Range | -1.32% |
| GOOGL | 306.69 | 311.42 | 305.92 | 303.01 | Inside Range | -0.11% |
| META | 650.63 | 659.12 | 648.36 | 650.15 | Inside Range | -0.53% |
| MSFT | 402.99 | 409.01 | 401.59 | 407.79 | Inside Range | -0.68% |
| NVDA | 185.23 | 187.62 | 184.45 | 182.14 | Inside Range | +0.25% |
| TSLA | 408.13 | 416.38 | 402.15 | 401.01 | Inside Range | +2.23% |
Economic Calendar
08:30
Unemployment Claims
Earnings This Week
Thu., March 12, 2026
After Market Close
ADBE
Est: 5.87