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Nasdaq 25,359 ยท U.S. crude oil falls below $70 after regional tensions ease ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #6 ยท Friday, June 26, 2026
Volatility (VIX)  Cautious ยท 20.0  โ–ฒ from 18.9 yesterday
Worth noting  Apple (AAPL) moved -6.12% on the day.
S&P 500 flat while Nasdaq dips on tech weakness, volatility gauge at cautious levels amid mixed market signals.
 
 

โ—  The Numbers

S&P 5007,357.49  -0.01%
-0.84% this week
Nasdaq Composite25,358.60  -0.46%
-2.55% this week
Dow Jones51,920.62  +0.14%
+0.83% this week
Russell 20003,007.86  +0.71%
+3.08% this week

Before the bell: see how Asia, Europe & US futures traded overnight →

โ—  The Movers

Leaders

^RUT Russell 2000+0.71%
^DJI Dow Jones+0.14%
^GSPC S&P 500-0.01%

Laggards

AAPL Apple-6.12%
MSFT Microsoft-3.46%
AMZN Amazon-3.10%

The day's best and worst of the tracked indices and mega-caps ยท day-over-day change.

โ—  The Read

S&P 500 โ€” description, not prediction

Trading above both its 50-day (7,356.81) and 200-day (6,920.77) averages โ€” the longer-term trend reads as up. 30-day range 7,266.99โ€“7,609.78; currently in the lower third of that range. RSI(14) 39 โ€” momentum weak.

See where every market sits on the daily page โ†’

โ—  The Brief

 U.S. crude oil falls below $70 after regional tensions ease

Oil prices extended declines Friday as Middle East conflict concerns softened, affecting energy stocks and inflation expectations for broader market. (CNBC)

 Volatility indicators send conflicting signals as bulls and bears clash

Heavy put buying suggests caution while other measures favor upside, leaving market direction uncertain as traders position for next week. (MarketWatch)

 KeyBanc downgrades Nike despite progress on turnaround strategy

Nike's "Win Now" efforts showed improvement but lack clear catalysts for significant gains, signaling skepticism on consumer discretionary rebound. (CNBC)

 Estrogen patch shortage may persist for over a year

Supply constraints on menopause treatments amid surging demand highlight manufacturing bottlenecks that could affect healthcare and related sectors. (CNBC)

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Markets 101

Why do interest rates move markets?

A stock is worth its future profits, and higher rates make future dollars worth less today โ€” and make safe bonds a real alternative. So rate expectations ripple through share prices.

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Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk โ€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured shortly before the opening bell.

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