Dow, S&P 500, Nasdaq futures slip amid continued Iran fallout, with CPI on deck
Here's a summary of the DailyEdge by TradeZero:
- S&P 500: 6,781.48 (−14.51, 0.21%)
- Dow Jones: 47,706.51 (−34.29, 0.072%)
- NASDAQ: 22,697.10 (+1.16, 0.0051%)
- Market close: March 10, 2026
Stock Market Today
- US stock futures slipped Wednesday.
- Investors monitored Iran war fallout and awaited the latest inflation report (CPI).
- S&P 500 and Nasdaq 100 futures were roughly 0.1% lower.
- Dow Jones Industrial Average futures slipped 0.2%.
- Worries about the Iran war spurred oil market volatility.
- UK Navy reported three vessels under fire in the Strait of Hormuz.
EdgeUp
- UiPath: Secured AIUC-1 AI agent safety certification ahead of earnings; stock slipped 3%.
- Tesla: Finance VP Sendil Palani left after 17 years amid executive turnover and robotaxi push.
- NIO: Stock jumped 15.2% after reporting its first-ever quarterly net profit and strong Q1 forecast.
- AeroVironment: Stock slid as drone maker cut 2026 outlook after SCAR (Satellite Communications Augmentation Resource) contract setback.
- Groupon: Stock was 13% off after Q4 earnings missed estimates on revenue and EPS.
- Oracle: Stock rose nearly 9% after beating revenue and earnings expectations, driven by AI demand, and stated no further financing is needed for AI contracts.
Trading Strategies
- Bob Iaccino relies on the "double bottom" trade setup.
- Views broad selloffs as margin pressure, not a true macro breakdown, if market remains above key levels (e.g., SPY 200-day moving average).
- Confirms pattern after a close above the neckline; defines entry, stop, and profit targets using retracement/extension levels.
- Emphasizes discipline: define risk, size positions consistently, cut losses quickly, trade patterns with statistical edge.
Top 5 Movers In Early Pre-Market
- Domo, Inc. (DOMO): +46.80%
- TMD Energy Limited (TMDE): +23.38%
- Auna S.A. (AUNA): +19.79%
- Acurx Pharmaceuticals, Inc. (ACXP): +18.97%
- Commercial Vehicle Group, Inc. (CVGI): +17.28%
Today’s Economic Dates
- 8:30 AM ET: Consumer price index (Feb.)
- 8:30 AM ET: CPI year over year
- 8:30 AM ET: Core CPI (Feb.)
Yesterday's’s Biggest Movers
- FreeCast, Inc. (CAST): +115.33% (No notable news)
- Agape ATP Corporation (ATPC): +87.13% (No notable news)
- Polaryx Therapeutics, Inc. (PLYX): +69.60% (No notable news)
Today’s Notable Earnings
- Wealthfront (WLTH): Q4 2026, After Market Close (Estimate: 0.170)
- Petco Health and Wellness (WOOF): Q4 2025, After Market Close (Estimate: 0.010)
- Kamada (KMDA): Q4 2025, Before Market Open (Estimate: 0.080)
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