Morning Brief — Thu., May 7, 2026
ES
7,397.00
+0.10%
NQ
28,724.75
+0.03%
VIX
17.47
+0.46%
DXY
97.90
-0.13%
The Big Story
Geopolitical risk dominating pre-market narrative
- Gold and silver’s historic rally could resume ‘as fog of war lifts’, market watchers say
- Shell tops profit estimates as Iran war boosts oil price, cuts share buybacks
- Iran’s President: Met Khamenei for nearly 2.5 hours recently – Mizan
- This oil tanker stock has outperformed. Bank of America sees more gains, even if U.S.-Iran war ends
- Tensions over pro-Israel lobbying group highlight rifts in Democratic primaries – Reuters
Pre-Market Price Action
SPY
734.68
Above Prior Day High
QQQ
695.96
Above Prior Day High
AAPL
287.67
Within Prior Day Range
AMD
415.24
Within Prior Day Range
AMZN
275.40
Within Prior Day Range
GOOGL
402.55
Above Prior Day High
META
613.66
Within Prior Day Range
MSFT
417.57
Within Prior Day Range
NVDA
208.11
Within Prior Day Range
TSLA
405.41
Above Prior Day High
Pre-Market Movers
Gainers
TSLA
405.43
+2.14%
GOOGL
402.63
+1.34%
ADBE
253.70
+1.29%
CRM
183.55
+1.21%
MSFT
417.57
+1.00%
Decliners
CVX
183.20
-1.23%
INTC
109.85
-1.04%
XOM
147.18
-0.86%
WMT
129.76
-0.41%
JNJ
224.07
-0.30%
Key Levels
| Ticker | Last | PDH | PDL | VWAP | Range Break | Chg |
|---|---|---|---|---|---|---|
| SPY | 734.72 | 734.59 | 727.82 | 722.07 | Above PDH | +1.51% |
| QQQ | 695.96 | 695.93 | 686.48 | 676.68 | Above PDH | +2.12% |
| AAPL | 287.67 | 288.03 | 281.07 | 279.05 | Inside Range | +1.21% |
| AMD | 415.10 | 430.60 | 402.04 | 372.92 | Inside Range | +16.87% |
| AMZN | 275.40 | 277.80 | 272.21 | 269.79 | Inside Range | +0.67% |
| GOOGL | 402.56 | 399.85 | 392.76 | 384.63 | Above PDH | +3.57% |
| META | 613.66 | 619.95 | 598.10 | 610.05 | Inside Range | +1.44% |
| MSFT | 417.58 | 418.42 | 405.11 | 410.92 | Inside Range | +1.49% |
| NVDA | 208.13 | 208.27 | 198.61 | 201.30 | Inside Range | +5.83% |
| TSLA | 405.40 | 401.68 | 384.02 | 389.23 | Above PDH | +4.08% |
Economic Calendar
08:30
Productivity and Costs
08:30
Unemployment Claims