What’s likely to move the market

By
Millicent Wong
-
0
114
hide content

Traders work on the trading floor of the New York Stock Exchange on August 16, 2024.

Angela Weiss | AFP |

Stocks @ Night is a daily newsletter sent after the market closes, giving you a first look at tomorrow and a last look at today. Sign up for free to get it delivered straight to your inbox.

Here's what CNBC TV producers saw during Monday's rally and what's on the radar for the next session.

Gold Run

  • The commodity hit a new high of $2,549.90 during Monday's session.
  • It is now up 8 of 9 sessions. Thanks to Chris Hayes, data team contributor at CNBC, for the stats and facts.
  • Gold has risen by 4.5% in these nine days. Silver increased by 8.4% in the same period.
  • The VanEck Gold Miners ETF (GDX) rose 6.3% in one week and 10% in nine days.

Stock chart symbolStock chart symbol

Performance of the VanEck Gold Miners ETF in 2024

The dollar

  • The dollar index hit its lowest level since January 5 on Monday morning.
  • A weaker dollar is sometimes good for U.S. exporters because their goods become cheaper for foreign buyers.
  • There are many examples of exporters, but Procter & Gamble is one that comes to mind. The stock is up almost 5% so far in August. The S&P500 rose by about 1.5% in August.

Lowe's

  • The home improvement company publishes its quarterly figures before the stock market opens.
  • The stock has risen 5% in the last three months.
  • Lowe's has risen 11% in a year and the stock is 7.3% above its March high.
  • Home Depot is also up 5% in three months. The stock has gained nearly 11% in the past year and is up 8.5% since its March peak.
  • This is probably not an exact comparison, but luxury furnishing companies SECTION HR-V is 30% below the September high. Shares have fallen 23% in a year.

Stock chart symbolStock chart symbolHide content

RH’s performance last year

American Sports

  • CNBC TV's Brandon Gomez will be paying attention to this sporting goods company's numbers before the market opens. American SportsBrands include Salomon, Atomic, Wilson and Louisville Slugger.
  • The stock has fallen about 24% in the last three months, putting it 32% below its 52-week high in March. Amer, on the other hand, is up 12% in a month.
  • Dick's Sporting Goods is 3% below its June high. Shares are up 16.5% in three months.
  • Academy Sports and Outdoor is 27% below its 52-week high in March. The stock is up 3% in three months.

Hawaiian Airlines and Alaska Airlines

Texas Instruments

Stock chart symbolStock chart symbolHide content

Texas Instruments’ performance in 2024

Berkshire-Hathaway

  • Jill Schneider of the CNBC Flash Desk pointed out that Berkshire-Hathaway B shares reached a new high on Monday.
  • Berkshire Hathaway's B shares are expected to rise 26% in 2024, and in a week they are up 4.3%.