What’s likely to move the market
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 as the Dow Industrials surged more than 600 points, and what’s on the radar for the next session. The market DoubleLine CEO Jeffrey Gundlach told CNBC TV’s Scott Wapner on ” Closing Bell ” Monday that he sees “a very good opportunity to add to gold and to add to commodities” at current levels. He was less enthusiastic about stocks and credit. Since the war began, gold futures have lost 16%. Copper futures are down 9% in March. West Texas Intermediate crude futures are up 33% in March. Brent futures are up 38% in March. Natural gas futures are up 1% in March. The Nasdaq Composite is down 3% in March. The S & P 500 is down 4.3% in March. The Dow is down about 5.7% so far in March. We’ll watch the commodity complex all day Tuesday on CNBC TV. @CL.1 1M mountain West Texas Intermediate futures in the past month Big Oil Oil futures fell nearly 11% on Monday amid President Donald Trump’s optimism that the end of the war with Iran is near . Big Oil stocks popped, but not so much. Chevron was up 1.7% in the session. The stock has gained nearly 10% since the start of the war. Exxon Mobil was up 0.9% on Monday. Shares have advanced 5.7% since the war began. ConocoPhillips was flat. The stock is up 12% since the start of the war. As oil moves, stocks seem to go in the opposite direction. CNBC’s coverage picks up with “Morning Call” live at 5 a.m. ET with Morgan Brennan. GameStop reports after the bell The video game retailer has gained 7.7% in the past three months. GameStop shares are off 35% from the May high. GME 3M mountain GameStop in the past three months KB Home reports after the bel l The stock has lost 6.4% in the past three months. KB Home is down 22.5% from the September 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.
<
