ES 6,697.00 +0.29%
NQ 24,624.50 +0.26%
VIX 25.95 -4.91%
DXY 100.11 +0.37%

The Big Story

Iran war miscalculation exposed; US depletes munitions, eases Russia oil sanctions

  • Pentagon and NSC severely underestimated Iran’s readiness to close Strait of Hormuz, per sources
  • US depletes years of munitions including Tomahawks; rapid stockpile depletion pressures Trump
  • Treasury authorizes temporary sale of Russian crude oil stranded at sea to ease global supply crunch
  • US KC-135 refueling tanker crashes in Iraq; four crew killed, French soldiers wounded in drone attack
  • Trump claims in G7 call that Iran is ‘about to surrender’; Brent holds above $100

Pre-Market Price Action

SPY 668.28 Within Prior Day Range
QQQ 599.40 Within Prior Day Range
AAPL 256.53 Within Prior Day Range
AMD 198.90 Within Prior Day Range
AMZN 210.23 Within Prior Day Range
GOOGL 306.45 Within Prior Day Range
META 631.52 Below Prior Day Low
MSFT 402.65 Within Prior Day Range
NVDA 184.23 Within Prior Day Range
TSLA 397.99 Within Prior Day Range

Pre-Market Movers

Gainers

CVX 197.24 +2.84%
CRM 197.91 +1.95%
XOM 154.30 +1.79%
WMT 125.49 +1.62%
COST 1,004.00 +1.19%

Decliners

ADBE 247.78 -9.47%
INTC 45.66 -4.84%
META 631.52 -3.56%
AMD 198.90 -2.90%
UNH 277.45 -2.73%

Key Levels

Ticker Last PDH PDL VWAP Range Break Chg
SPY 668.28 671.65 665.87 673.35 Inside Range -1.19%
QQQ 599.40 604.13 597.05 603.76 Inside Range -1.36%
AAPL 256.53 258.95 254.18 258.18 Inside Range -1.64%
AMD 198.90 203.62 196.67 199.89 Inside Range -2.90%
AMZN 210.23 211.71 208.15 212.58 Inside Range -1.14%
GOOGL 306.45 308.94 301.04 304.00 Inside Range -0.73%
META 631.52 653.50 636.90 646.29 Below PDL -3.56%
MSFT 402.65 406.12 401.71 406.66 Inside Range -0.55%
NVDA 184.23 184.94 181.75 182.45 Inside Range -0.95%
TSLA 397.99 406.50 394.65 400.00 Inside Range -2.41%

Economic Calendar

08:30
Core Durable Goods Orders m/m Prev: 0.9% · Est: 0.5%
08:30
Core PCE Price Index m/m Prev: 0.4% · Est: 0.4%
08:30
Durable Goods Orders m/m Prev: -1.4% · Est: 1.1%
08:30
Prelim GDP Price Index q/q Prev: 3.6% · Est: 3.6%
08:30
Prelim GDP q/q Prev: 1.4% · Est: 1.4%
10:00
JOLTS Job Openings Prev: 6.54M · Est: 6.76M
10:00
Prelim UoM Consumer Sentiment Prev: 57.3 · Est: 55.0
10:00
Prelim UoM Inflation Expectations Prev: 3.5%