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 rebounded on Monday, and what’s on the radar for the next session. Oil West Texas Intermediate crude futures are up about 14% in the past month. Brent futures are up roughly 11% in a month but fell on Monday The Energy Select Sector SPDR Fund (XLE) is up 2.7% in the past month. Top performers in the past month are APA Corporation , up 16.5%; Halliburton , up about 8%; and Diamondback Energy , up 7%. At the bottom of the energy sector in the past month: Texas Pacific Land Corporation, down 23.6%; Oneok , down 4%; and Phillips 66 , down 1.7%. APA 1M mountain APA Corp in the past month Gasoline The RBOB gasoline futures are up roughly 3% in a month. ExxonMobil is up about 4% in a month. Shares are off 21% from the January high. ConocoPhillips is up nearly 3% in a month. The stock is down 20% from the July 2024 high. Chevron is up 2.8% in a month. It’s down 13.5% from the March high. Uranium This class of power stocks is on a run. The Sprott Uranium Miners ETF (URNM) was up around 7% on Monday. So far in June, it is up 15%. The ETF is 13% off its 52-week high. CNBC TV’s Pippa Stevens will report on the sector on Tuesday. Over the weekend, CNBC.com’s Siena Griffin reported that John Ciampaglia, CEO of Sprott Asset Management, said “a real shift” is underway in favor of uranium. He also said, “It’s a reliable form of energy. It has zero greenhouse gases. It has a very good long-term track record and it provides a lot of electricity on a large scale, and that’s right now what the grid is calling for.” VanEck CEO Jan van Eck said recently , “You need reliable power. These data centers can’t go down for a fraction of a second.They need to be running all the time.” The VanEck Uranium and Nuclear ETF (NLR) was up 4.5% on Monday. It is up about 13% so far in June. It hit a high during the session before backing off. NLR 1M mountain VanEck Uranium and Nuclear ETF (NLR) in the past month Jabil The Apple supplier reports quarterly earnings Tuesday. Results will be on ” Squawk Box .” Jabil is up 33% over the past three months. The stock hit a new high on Monday and is up 7.6% so far in June. Apple is down 7% in three months. The stock is off 24% from the high hit the day after Christmas. Big Tech The Technology Select Sector SPDR Fund (XLK) hit a new high Monday. It is up about 5.3% so far in June. CNBC data man Nick Wells points out that Microsoft , IBM , Jabil and Palantir all hit new highs during the session. Microsoft is up 5.5% in a month. IBM is up 8.8% in June. Palantir is up 9% in a month. PLTR 1M mountain Palantir in the past month Feeling the heat AccuWeather said that starting Thursday, New Jersey is going to have a stretch of days with temperatures exceeding 90 degrees. Chicago is set for three straight 90-degree days starting Friday. That’s a heat wave. Many other cities in the U.S. are expecting a similar trend in the next two weeks. Utilities often move due to power demand during a heat wave. The utilities sector was Monday’s worst S & P sector performer, down 0.5%. It is 2.4% from the May high. So far in June, AES is the top-performing utility stock, up 13.6%. Vistra is up 10% in June. NextEra is up 4.5% this month. All three are still down double digits from their highs. PG & E is at the bottom of the pile, down nearly 20% in June. Edison International is down 13% in June, and Sempra is down 6%. All of these stocks are also off double digits from their 52-week highs. Biotech Sarepta Therapeutics dropped 42% on Monday after halting a drug designed to fight a form of muscular dystrophy. Shares ended the session at $20.94 apiece. Jared Holz, an analyst with Mizuho said he thinks the stock is still worth between $30 and $40 a share. He said this stock “might be a buy here. These biotech blowups are typically buys when everyone sells on the day of the event.” The iShares Biotechnology ETF (IBB) is off 15% from the September high. The SPDR S & P Biotech ETF (XBI) is 21% from the November high. Homebuilder sentiment The data comes out at 10 a.m. on “Squawk on the Street.” The SPDR S & P Homebuilders ETF (XHB) is down 5.5% in the last month. The ETF is 25% from the Nov. 24 high. Hovnanian is up 8.2% in June. Shares are off 60% from the August 2024 high. Beazer is up 6.8% in June, but 45% from the November high. D.R. Horton is up 4.7% in June. The stock is down 38% from the September high. Taylor Morrison is up 4% in June. It’s down 22% from the November high. Toll Brothers is up 4% in June. It’s off 36% from the November high. Lennar is up 3.2% in June. Shares are up 41% from the September high. HOV 1M mountain Hovnanian Enterprises in the past month Food for thought Bunge , the ag/food company was up about 6% Monday. Shares are up more than 15% in a week. The jump comes amid approval from China for the company’s merger with Viterra. Archer Daniels Midland is up 13% in a week. That’s its best five-day run since March 2020. Soybean futures also jumped 9% on Monday. They’re at their highest level since the fall of 2023. Coffee is down 6.5% in a month. Sugar is down 5.5% in a month. Thanks also to CNBC’s Nick Wells for tracking the food sector on Monday.
#Whats #move #market
