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Tuesday's big stock stories: What's likely to move the market in the next trading session

B.Lee2 hr ago

Stocks Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. .

Here's what CNBC TV's producers were watching as the S&P 500 and Dow closed at records Monday, and what's on the radar for the next session.

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U.S. Steel
  • David Burritt, CEO of U.S. Steel , will be on CNBC Tuesday in the 11 a.m. hour, Eastern time.
  • As the company focuses in on a deal with Japan's Nippon Steel, we'll hear from the man in the middle of it.
  • The stock is up more than 6% in the last week, but it remains 23% from the Dec. 18 high.
  • Novo Nordisk's CEO goes to Washington
  • Lars Fruergaard Jørgensen, CEO of the pharmaceutical giant, will answer questions from senators about why the company's weight loss drugs cost what they do.
  • CNBC TV's Angelica Peebles will cover it all from Washington.
  • Shares of Novo Nordisk fell 3% today. The stock is up 19% in 2024, but it's down 16% from the June 25 high.
  • Eli Lilly , which is also a major maker of weight loss drugs, is up 58% in 2024. The stock is 5.5% from the Aug. 22 high.
  • The company reports Tuesday morning. AutoZone is up 2% in the past three months.
  • AutoZone is 6.5% from the March high.
  • AutoZone and O'Reilly Automotive are both up 17% so far this year.
  • O'Reilly is down about 5% from the March high.
  • Advance Auto Parts is the laggard in the sector. The stock is down 33% so far this year, and it's 54% off from the March high.
  • KB Home
  • KB Home reports Tuesday after the bell. It is up 41% so far in 2024. The stock is up 25% over the past three months.
  • Pulte , D.R. Horton , Lennar , Century Communities and Taylor Morrison all hit highs last week.
  • Hovnanian is 9% from the Aug. 22 high. The stock is up 40% in 2024.
  • Meta Platforms' AI Plan
  • CNBC TV's Julia Boorstin will report Tuesday on Meta 's artificial intelligence plan.
  • The stock hit a new record high on Monday. It closed at $564.41 on Monday, and shares have doubled since October.
  • So far in September, Meta is up 8%.
  • Shares of Trump Media & Technology , former President Donald Trump's social media company, hit a new low on Monday. Shares ended the session at $12.15.
  • The stock, which trades under the ticker DJT, is down almost 30% in the past week. Thanks to CNBC stock man Tom Rotunno for keeping an eye on this one.
  • The pipelines
  • There were new highs on Monday for Kinder Morgan , Targa Resources and Williams Companies .
  • Thanks to CNBC data man Chris Hayes for keeping tabs on these.
  • Kinder Morgan is up 12% in three months. The stock pays a 29-cent dividend , and the dividend yield right now is 5.2%.
  • Targa is up 24% in three months. The company pays a 75-cent per share dividend, and it has a dividend yield of 1.9%.
  • Williams Companies is up about 10% in three months. It comes with a roughly 47-cent per share dividend, and it has a dividend yield of 4.1%.
  • Constellation Energy and Vistra both hit all-time highs Monday. Entergy hit a four-and-a-half-year high.
  • Constellation is up 29% in a week.
  • Entergy is up about 8% in September.
  • Vistra is up around 25% in a week.
  • This all comes amid positive Wall Street analyst feedback on nuclear energy and new commitments for investment in the industry from major banks across the world.
  • Canada's Cameco is up more than 13% in the last week, but it's still 19% from the May 31 high.
  • Copyright CNBC
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