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Friday’s big stock stories: What’s likely to move the market in the next trading session

Chaim Potok by Chaim Potok
May 16, 2025
in Investing
Friday’s big stock stories: What’s likely to move the market in the next trading session
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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 rose for a fourth day, and what’s on the radar for the next session. S & P 500 up for four straight days The S & P 500 is up 4.5% in those four days. It’s now off 3.75% from the all-time high reached in February. The Nasdaq 100 is now about 4% from the high. The Nasdaq Composite is 5.4% from the high. The Dow Jones Industrial Average is 6.1% from the high. The NYSE Composite is just 2.7% from the November high. The Russell 2000 is 15% from the November high. .SPX 5D mountain The S & P 500 over the past five trading days The bond complex Bond investor Gilbert Garcia of Garcia Hamilton & Associates will be on ” Squawk Box ” Friday, starting at 6 a.m. ET. We’ll hit Treasury bills, Treasury bonds, investment grade, munis and high yield. The 30-year Treasury bond is yielding 4.89%. The 10-year Treasury note yield is at 4.43%. The two-year Treasury note yield is at 3.95%. The one-year Treasury bill yields 4.09%. The six-month T-bill yield is 4.25%. The three-month T-bil l yield is 4.37%. The one-month T-bill yield is 4.31% The Fidelity Corporate Bond ETF (FCOR) is yielding 4.46%. The iShares National Muni Bond ETF (MUB) ETF yields 3.13%. The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is yielding 7.12%. The iShares iBoxx High Yield Corporate Bond ETF (HYG) is yielding 5.83%. The SPDR Bloomberg High Yield Bond ETF (JNK) yields 6.64%. Cava Group CEO Brett Schulman will be on “Squawk Box” Friday morning. The Mediterranean restaurant chain beat first-quarter estimates on revenue, and same-store sales jumped 10.8%. Shares are down more than 4% after hours. Cava is down 43% from the November high, but the stock is up 7% in May. CAVA 1M mountain Cava Group shares in the past month Big investors and big moves CNBC’s Leslie Picker, Ritika Shah and Brianna Bernath are going through the quarterly 13-F filings. We’ll hit more on Friday, but read on for a couple highlights.: Some people might say these filings are old — they detail positions as of March 31 and might not fully indicate current holdings — but they provide good insight into what some of the biggest names in investing have been doing. Picker will have a full wrap-up on “Squawk Box” Friday morning. David Tepper’s Appaloosa In September , Tepper famously said on “Squawk Box”: Buy “everything” about China. He has lowered his exposure to Chinese tech. He’s still involved, but less so. Since the big call, the KraneShares CSI China Internet ETF (KWEB) is up 17%. The iShares MSCI China ETF (MCHI) is up 18.4% in that period. The iShares China Large-Cap ETF (FXI) is up 21% since Tepper’s September call. He doubled his stake in Uber . The stock is off 2% from the high and up about 22% in a month. Tepper also was buying Apple . Shares are down 19% from the high. The stock is up 6.5% so far this week and down 15% in 2025. AAPL YTD mountain Apple shares in 2025 Warren Buffett’s Berkshire Hathaway The firm is now out of Citigroup , and Buffett is selling more Bank of America . Citigroup is up 6.3% so far this week. The stock is up 18% in a month and off 10% from the February high. Bank of America is up 6.2% this week. Shares are up nearly 17% in a month and down 7% from the high. Michael Burry’s Scion Asset Management Remember Burry from “The Big Short?” Christian Bale played him. Burry shorted the housing market. Now he’s shorting Nvidia . The stock is off 12% from the Jan. 7 high. Nvidia is up roughly 16% in four days and up almost 24% in May.

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