CNBC Business News Update Market Open: Stocks Mixed, Oil Lower, Long Airport Security Lines Continue 3/10/26
Mar 10, 2026
Market movers and retail investor shifts toward NVIDIA and Tesla. Rising pump prices even as oil slips. Potential consumer behavior changes if gas stays near $3.50. Airline stocks struggling in Q1. Longer airport security lines due to staffing and shutdown issues. A quirky McDonald’s x Crocs Happy Meal collaboration.
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Market Open Shows Divergent Tech Leadership
- Wall Street opened mixed with the Dow down and the Nasdaq up, reflecting uneven investor sentiment this morning.
- NVIDIA traded slightly down while Tesla rose, showing concentration of market moves in a few big-cap names.
Retail Safe Havens Shift To AI And EV Stocks
- Retail investors shifted from Microsoft and Apple toward NVIDIA and Tesla during uncertainty, altering safe-haven patterns.
- CBOE's J.J. Kinahan highlighted NVIDIA as the new first-choice and Tesla as the next stop.
Falling Oil Prices Haven't Stopped Rising Pump Costs
- Oil futures fell while pump prices rose, with the national average hitting $3.54 per gallon after a four-cent overnight increase.
- AAA and analysts warn higher gasoline costs risk cutting discretionary consumer spending in March.