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What is likely to move the market in the next trading session
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What is likely to move the market in the next trading session

Traders work on the floor of the New York Stock Exchange during morning trading on August 6, 2024 in New York City.

Michael M. Santiago |

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Here’s what CNBC TV producers saw on Monday and what’s on the radar for Tuesday’s session.

Dow closes at all-time high

  • The index has risen 9.4% so far this year.
  • The Dow has risen 6.56 percent since the close of trading on August 5, the day of the most recent sell-off.
  • The Dow’s top performers in August include: Nikean increase of 12.6%; Walmartan increase of 11%; and McDonald’san increase of 9%.
  • At the bottom: Intela decrease of 35%; Boeinga decrease of 9%; and Chevrona decrease of 7.5%.
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Dow Jones Industrial Average over the past month.

SpaceX prepares for Polaris Dawn mission

  • CNBC TV’s Morgan Brennan will report on the Polaris Dawn mission, which is scheduled to launch on SpaceX’s Falcon 9 rocket on Tuesday.
  • Although SpaceX is a private company, there are opportunities for retail investors to get involved.
  • Cathy Wood’s ARK Venture Fund (ARKVX) is 11.5% SpaceX. The fund is down 6.5% from its December high and has been flat over the past week, month and three months.
  • Ron Baron’s Baron Focused Growth Fund (BFGIX), which is 10% SpaceX, is just off its July high. It was virtually flat in August, but is up 8% in three months.

S&P Case-Shiller on call

Nordstrom reports Tuesday afternoon

  • The department store has not seen any significant development since the last report three months ago.
  • The share is 9.8% above the July 17 high.
  • Another department store, Dillard’s has fallen by 21% in three months.
  • Macy’s has fallen by 22% in three months.
  • Kohl’s has fallen by 25% in three months.
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Nordstrom shares since the beginning of the year.

Nvidia… 48 hours away

  • NVIDIA publishes the figures on Wednesday after the stock market closes.
  • The share price is 10% below its June 20 high.
  • In August it rose by 8% and within a year by 155%.
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Nvidia shares over the last three months.

XPeng vs Tesla

  • We await further details from the Chinese carmaker XPeng about a new car they want to compete with Tesla‘s Model 3.
  • XPeng has fallen 11.8% in one month. The stock is 62% below its September high.
  • Tesla lost 3 percent within a month, the stock is 23.5 percent below its 52-week high, which was also reached in September.
  • CNBC TV’s Eunice Yoon will report the story from China.

Sectoromics

  • Dominic Chu focuses on industrials on CNBC’s television program tomorrow.
  • The S&P industrials sector will rise 13% in 2024.
  • This ranks 8th among the 11 S&P sectors.
  • Over the past 12 months, industrial stocks have risen 21%.
  • Howmet is the industry leader this year with an increase of almost 79%.
  • GE Aerospace has increased by 68% this year.
  • 3M will increase by 44% in 2024.
  • GE Vernova, Boeing And American Airlines are the biggest laggards in the sector.

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