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Here’s what CNBC TV’s producers were watching as stocks slipped in the final session before Election Day, and what’s on the radar for the next session.
China stimulus
The iShares MSCI China ETF (MCHI) in 2024
Cannabis stocks ahead of ballot initiatives
- On Tuesday, four states will vote on whether to legalize cannabis: Florida, Nebraska, North Dakota and South Dakota.
- In the last month, the cannabis complex has picked up a solid amount of good vibes from investors.
- Canopy Growth is up 24% in a month.
- Aurora is up 8.7% in a month.
- Scotts Miracle-Gro, which some say benefits from the growth of cannabis, is up nearly 10% in a month.
- Trulieve is up nearly 5% in a month.
- GrowGeneration is up 6.3% in a month.
Water
Energy Recovery in the past three months
DuPont
- The chemicals company reports Tuesday before the bell.
- The stock is up 3.5% in the past three months.
- DuPont is 9% from the late September high.
Yum Brands
- The fast-food company that operates Pizza Hut, KFC and Taco Bell is down 1.8% in the last three months.
- Yum Brands is 7.3% from the April high.
Yum Brands in 2024
Apollo Global Management
- The investment firm reports in the morning before the bell.
- The stock is up about 35% over the past three months.
- Apollo is 5% from the high hit last week.
Super Micro Computer
- Super Micro is under a microscope these days. The company was hit with a short seller report earlier this year, and most recently its auditor resigned. Shares fell about 45% last week.
- The stock is down 78% from the March high when the price was nearly $123 a share. It ended Monday at $26.03.