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 S & P 500 retreated from its record, and what’s on the radar for the next session. President Trump’s trip to China The iShares China Large-Cap ETF (FXI) is down 11% from the October high. The ETF has gained 3% in the past month. The iShares MSCI China ETF (MCHI) is off 13.6% from the high hit back in October. The ETF has advanced 1.8% in the last month. The KraneShares CSI China Internet ETF (KWEB) is down 33% from the October high. It has gained 1.6% in the last month. FXI 1M mountain The iShares China Large-Cap ETF (FXI) in the past month Alibaba reports before the bell The Chinese internet giant has fallen 15% in the last three months. Alibaba shares are off 30% from the October high. Cisco Systems reports after the bell Shares have jumped 32% in the past three months. The stock hit a new high on Tuesday. Cisco has gained about 21% in the past month. Shares are up 8.5% in May. CSCO 3M mountain Cisco Systems in the past three months Honeywell CEO Vimal Kapur will be on ” Morning Call ” with Morgan Brennan on Wednesday morning at 5 a.m. The industrial company does just about everything, ranging from aerospace and automation to security and warehouse logistics. Honeywell is off 12% from the March high. Shares are up 2.5% this week. Big names hitting new lows Nike is at a 12-year low. Ingersoll Rand is at a 13-month low. Jacobs Solutions is also a 13-month low. Otis Worldwide , the elevator company, is at a 42-month low. IBM is at 13-month low. NRG Energy is a 12-month low. 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.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
May 12, 2026