CNBC Business News Update Market Midday: Stocks Higher, Nvidia Shares Turn Lower, Chevron & Exxon Shares Hit Record Highs 3/17/26
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Mar 17, 2026 
Ed Bastian, Delta Air Lines CEO, on rising jet fuel costs amid strong travel demand. Gary Cohn, former National Economic Council director, on inflation squeezing consumer wallets. They discuss market movers, record highs for energy names, oil and gasoline price shocks, and how these trends shape spending and corporate revenue.
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Market Midday Movers And Index Snapshot
- U.S. major indices stayed positive midday while some leaders cooled off.
- The Dow rose 105 points led by Disney up ~1.8%, S&P gained 20 points, Nasdaq up 81, and Nvidia fell 0.4% intraday.
Companies Hitting Record Highs Today
- Several energy and tech names hit all-time highs amid the session.
- Chevron, Exxon, Micron, Centerpoint Energy, Duke Energy, and Con Ed reached fresh records today.
Oil Surges After Regional Attacks Affecting Tankers
- Oil prices climbed near $94 after regional attacks and a tanker strike, pressuring markets.
- U.S. crude sat around $67 with concerns about tanker escorts in the Strait of Hormuz affecting supply risk.