Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Thursday and what’s on the radar for Friday’s next session. Going for 13 on Friday The Nasdaq is now up 12 straight days. That’s the longest up streak since 2009. The stock market hit a bottom in the midst of the global financial crisis, brought in part by the subprime mortgage crisis. Here at CNBC, it was also the year of the “Haines Bottom,” when the late great Mark Haines said live on TV: “This feels like a bottom to me.” He hit the day dead on. Anyway, later in the year, the Nasdaq picked itself up and at one point went on a 12-day run. We’ve now matched that. During the last 12 market days, the Nasdaq is up 15%. Also during the last 12 days The Dow Jones Industrial Average is up 7.5%. The S & P 500 is up 12.5%. Tech and communication services are both up 13%. Energy is down 8% in those 12 days. Full market coverage starts with Morgan Brennan live at 5 a.m. on “Morning Call.” Regional banks release numbers on ‘Squawk Box’ Fifth Third : Over the last three months, Fifth Third Bancorp is up 0.7%. The stock is 11% below its 52-week high of $55.44 from back in February. Regions Financial : In last three months, Regions Financial is up half a percent. It is now 11% below its 52-week high of $31.53, also hit in February. Truist : They are in 17 states plus the District of Columbia. The stock is down 1% since last reporting three months ago and is 12% from its February high. Lights, camera, following Netflix The stock is down 9% after hours. Netflix posted a big quarterly beat in Thursday’s report, but some investors weren’t super happy with guidance even though they’re looking for another 13% jump in revenue in the current quarter. The stock is up about 15% year to date and up 12% in the last year. The software story CNBC’s Seema Mody reports on the sector and what’s next. The State Street SPDR S & P Software ETF (XSW) is up 11% in four days. It is still 26% from the September low. Oracle is up 29% in four days. Microsoft is up 13% in four days. The airline stocks Big names report next week and CNBC’s Phil LeBeau will get you ahead of the numbers. American Airlines is 25% from the January high. Delta Air Lines is 9% from the February high. United Airlines is 20% from the January high. Southwest is 26% from the February high. JetBlue is 15% from the February high. Markets shift and headlines fade, but the core principles of building long-term wealth remain constant. Join us for our third CNBC Pro LIVE, where investors of all backgrounds – from financial professionals to everyday individuals – come together to cut through the noise and gain actionable strategies for smarter, more disciplined investing. No matter where you’re starting from, you’ll leave with clearer thinking, stronger strategies. Enter your email here to get a discount code.
Friday’s big stock stories: What’s likely to move the market in the next trading session
RELATED ARTICLES
Recent Comments
on Hello world!