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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