Wednesday’s big stock stories: What’s likely to move the market in the next trading session
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 posted a third straight winning day, and what’s on the radar for the next session. Nvidia reports Wednesday after the bell on ‘Closing Bell: Overtime’ The stock is down 1% in three months. Nvidia is down 10% from the May 14 high. The options market shows implied volatility at 5.9% by the end of the week, according to CNBC contributor and options expert Mike Khouw. Calls are outpacing puts ahead of Wednesday’s earnings report. CNBC “Mad Money” man Jim Cramer said, “There is very little in tech that Nvidia doesn’t touch one way or the other.” NVDA 3M mountain Nvidia in three months Big data live at 8:30 a.m. on ‘Squawk Box’ Personal Income: Dow Jones consensus estimates call for a 0.2% jump in July. Economists polled by Dow Jones anticipate consumer spending will rise 0.1%. Personal consumption expenditures price index is expected to gain 0.1%, according to the Dow Jones consensus, or a year-on-year increase of 3.6%. Durable goods is expected to gain 0.5%, per the Dow Jones consensus. The bonds The 30-year Treasury bond is now yielding 5.15%. The 10-year Treasury note yield is at 4.62%. The 2-year Treasury yield is at 4.18%. The 3-month Treasury bill yield is at 3.79%. The iShares iBoxx High Yield Corporate Bond ETF (HYG) has a dividend yield of 5.86%. The State Street SPDR Bloomberg High Yield Bond ETF (JNK) is yielding 6.59%. The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is yielding 6.98%. The Fidelity Corporate Bond ETF (FCOR) is yielding 4.65%. US30Y 5D mountain U.S. 30-year yield in the past five days Reporting Wednesday morning Bath & Body Works , like Nvidia, is down 1% in three months. The stock is down 45% from the high reached in September 2025. J.M. Smucker is up 21% in three months. It’s down just 2% from last month’s high. Kohl’s is up 35% in three months. Shares are down 30% from the December high. Williams-Sonoma is up about 22% in three months. The stock is off 8% from the high hit two weeks ago. Salesforce reports after the bell The stock is up 14% in three months. Salesforce is down 24% from the December high. Data provider Quartr shows 66% of Salesforce’s revenue comes from the United States, while 24% comes from Europe and 10% from Asia Pacific countries. The subscription and support revenues, also according to Quartr, are evenly spread between Agentforce Service, Agentforce Sales, and Agentforce 360 Platform at about 23% apiece. CRM 3M mountain Salesforce in three months CrowdStrike reports after the bell The stock is up more than 11% in three months. CrowdStrike is off 18.5% from the high hit Aug. 14. Cramer’s take on Dick’s Sporting Goods Dick’s Sporting Goods missed earnings estimates, and the company called the footwear business “challenging.” Dick’s took over Foot Locker last year. The stock plummeted 30% on Tuesday. The dividend yield is now 4%. Cramer calls the company the last man standing in the space. He said it might take a few months or quarters to recover, but it presents a possible opportunity in the next few months. Shares are now off 50% from the June high. ” Morning Call ” will be watching to see how the stock opens on Wednesday after the big sell-off.
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