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 stocks tumbled on Thursday and wiped out some of Wednesday’s big gains, and what’s on the radar for the next session. The wild first four days of the week In four days of ups and downs, the Nasdaq 100 is now up 5.4%. The Nasdaq Composite is up 5.13% in the period. The S & P 500 is up 3.8% week to date. The Dow Jones Industrial Average is up 3.3% thus far this week. The Russell 2000 is flat over the past four days. .SPX 5D mountain The S & P 500 in the past five trading days China ETFs “Mad Money” man Jim Cramer may have said it best Thursday night: “A 145% tariff isn’t a tariff . It’s an embargo.” Here’s where the big Chinese exchange traded funds stand. The iShares China Large-Cap ETF (FXI) is down 3.6% in four days. It is down 10% in a week and off 18.5% from the March 18 high. The iShares MSCI China ETF (MCHI) is down 4% in four days and down 10.6% in a week. It is down 19.75% from the Oct. 7 high. The KraneShares CSI China Internet ETF (KWEB) is down 5.4% in four days and down 14% in a week. It is off 24% from the Oct. 7 high. Back in the U.S. since the election The Dow is down 6.2%. The Nasdaq Composite is down 11%. The Nasdaq 100 is down 9.3%. The Russell 2000 is down 19%. The S & P 500 is down 8.9%. .IXIC YTD mountain Nasdaq Composite in 2025 Since Inauguration Day The Dow is down 8.95%. The Nasdaq is down 16.5%. The Nasdaq 100 is down 14.45%. The Russell 2000 is down 19.5%. The S & P 500 is down 12%. The banks Earnings season is here. Several big banks and major financial services names will report Friday, and we’ll have the numbers and stock reaction on ” Squawk Box .” JPMorgan is down 5.3% in three months. It is up 8% in four days and down 19% from the 52-week high hit in mid-February. Morgan Stanley is down 13.7% in three months. Shares are up 6.7% in four days and down 25% from the Feb. 7 high. Wells Fargo is down 9.8% in three months. Shares are up 3.5% in four days, and they are off 22.5% from the Feb. 6 high. BlackRock is down 10% over the past three months. The stock is up 4.4% this week and down 21% from the Jan. 31 high. Bank of New York Mellon is up 1.6% in three months. Shares are up 4.5% in four days and down 15% from the early March high. Watch Becky Quick, Joe Kernen and Andrew Ross Sorkin starting at 6 a.m. ET. They’ll have the numbers as they roll in. MS 3M mountain Morgan Stanley over the past three months KeyCorp and manufacturing in the U.S. Chris Gorman, CEO of KeyCorp, was on “Mad Money” Thursday night. He said he believed many of his big clients with operations outside of the U.S. will indeed come back and that there will be a lot more manufacturing in this country in a year. The Global X U.S. Infrastructure Development ETF (PAVE) fell 3.35% on Thursday. It is 22% from the November high. The chips and artificial intelligence Amazon CEO Andy Jassy said on Thursday that the AI industry could use a cost-effective change . In a letter to shareholders, he said, “AI does not have to be as expensive as it is today, and it won’t be in the future. Chips are the biggest culprit.” The VanEck Semiconductor ETF (SMH) fell nearly 7% Thursday. It is 31% from the July high. The iShares Semiconductor ETF (SOXX) fell 8.2% Thursday. It is down 37% from the July 11 high. Nvidia fell almost 6% on Thursday. It is up 14% in four days. Shares are down 30% from the Jan. 7 high. AMD fell 8.4% Thursday. It is up 3.4% in four days, and the stock is off 52% from the July high. AMD 5D mountain AMD shares in the past five sessions Data center ETFs This part of the AI infrastructure boom could also be a focus at some point if cost-cutting in the industry takes shape. The data center ETFs have been falling. The iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) dropped 3.2% Thursday. It is 21% from the Dec. 9 high. The Global X Data Center & Digital Infrastructure ETF (DTCR) fell 1.5% Thursday. It is 22% from the Feb. 21 high. The Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) fell 1.8% Thursday. It is 16% from the October high. Harley-Davidson CNBC’s stock man Tom Rotunno will be watching this one on Friday. He’s watching a battle as Harley-Davidson board member Jared Dourdeville resigned after voicing “grave concerns” about the motorcycle maker. Among other things, he blamed the company’s white-collar remote work policies. Harley-Davidson stock fell 9.25% today. It is 50% from the high it reached a year ago. Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. 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Friday’s big stock stories: What’s likely to move the market in the next trading session
Apr 11, 2025
