By Paulina Likos
Publication Date: 2026-03-10 16:20:00
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks opened lower on Tuesday but quickly rebounded to build on Monday’s comeback from Iran War lows, driven by President Donald Trump’s comments hinting that the conflict could end soon. West Texas Intermediate crude fell 10.5% to around $85 per barrel. However, Defense Secretary Pete Hegseth said Tuesday that “today will be our most intense day of strikes inside Iran.” A key indicator of the war timeline closing, Jim Cramer said, is the reopening of the Strait of Hormuz, a critical oil passageway between Iran and the Gulf Countries for a large amount of the world’s global supply. Cramer is also monitoring the Short Range Oscillator , which is at -3.27%, close to oversold after Monday’s rebound. When this market gauge reaches 5%, it could signal select buying opportunities. In the meantime, Jim said, “Be conscious that one errant comment by the president, and everything is going to go away.” 2. Artificial intelligence chip leader Nvidia is getting some attention ahead of its annual GPU Tech Conference (GTC) next week. Investors are expecting Nvidia to launch new hardware, including a new chip for inference to train AI models. In a note on Monday, Wall Street firm Truist previewed the event, calling it the “Super Bowl of AI” and predicting it will likely be a positive catalyst for the stock. Analysts expect the company…
