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 major averages booked back-to-back losses, and what’s on the radar for the next session. Gold and gold miners CNBC TV’s Pippa Stevens will report on gold’s big run. The commodity is now up more than 6% since President Donald Trump’s “reciprocal” tariffs were announced April 2. Gold is up 22% since Inauguration Day. The VanEck Gold Miners ETF (GDX) was up 2.7% Wednesday. It is up 15% in a week and 41% in three months. GDX 3M mountain The VanEck Gold Miners ETF (GDX) in the past three months Chip restrictions CNBC TV’s Kristina Partsinevelos covers the chips and semiconductor stocks. She will focus heavily on the big and small names in the sector after Wednesday’s big drop. The stocks fell amid news of the possibility of new export restrictions, which would affect sales to China. More talk of economic slowdown didn’t help either. The VanEck Semiconductor ETF (SMH) fell 4.2% Wednesday. It is 31% from the July high. AMD , ASML and Nvidia all dropped around 7%. GlobalFoundries , KLA and Applied Materials dropped roughly 5%. Nvidia is down 32% from the Jan. 7 high. AMD is off 52% from the July high. Applied Materials is 46% from the July high. Marvell Technology is down 60% from the January high. ON Semi is off 57% from the July high. Qorvo is 56% from the July high. Freight slowdowns CNBC’s Lori Ann Larocco did a lot of work on slowdowns in the freight system and will continue her reporting Thursday. Larocco reported that Chinese freighters are seeing cancellations . Almost every big shipping stock is down in April. Matson is down 23% so far this month. Shares are down 42% from the November high. The Baltic Dry Index, which measures the cost of shipping commodities, is down 20% in April. Navios Maritime is down 17% in April. Shares are off 50% from the September high. Star Bulk Carriers is down about 13% in April. It’s down 50% from the May 2024 high. Golden Ocean Group is down roughly 12% in April. The stock is 55% from last year’s high. MATX 1M mountain Matson shares over the past month The markets CNBC TV’s NYSE reporter Bob Pisani will raise the issue about earnings expectations and valuations, questioning if the market is being valued correctly. He’ll have more on that Thursday. The Dow Jones Industrial Average has dropped 6% since Trump won the election. The index has fallen 8.8% since the inauguration, and it has lost 6% since the April 2 tariff announcement. The S & P 500 has shed 8.8% since the election and dropped 12% since Inauguration Day. The broad market index has slid about 7% since the April 2 tariff announcement. The Nasdaq Composite has tanked 11.5% since election and lost around 17% since the inauguration. The tech-heavy index has fallen 7.3% since the April 2 tariffs were announced. Since the November elections, the Dow Transports have fallen about 21%, and they have lost 20% since Inauguration Day. The index has shed 12.5% since the tariffs were announced earlier this month. The NYSE Composite has dropped 6% since Election Day, and it has lost 7% since Inauguration Day. It has fallen 6.6% since the April 2 tariff announcement Crypto CNBC’s Tanaya Macheel will report on crypto. Bitcoin is up by about $400 in the last day, approaching the $85,000 mark. So far in April, Cleanspark is up 8%. It is off 65% from its high reached nearly a year ago. Microstrategy , now known as Strategy, is up 8% this month. The stock is off 42% from the November high. Coinbase is flat in April. Shares are down 50% from the December high. MSTR 1M mountain Microstrategy in the past month American Express Don’t leave home without watching the earnings on ” Squawk Box ” before the bell. The stock is down 19% in three months. American Express is 22.5% from the January high. Netflix The streaming company is up 14% in three months. Shares are down 10% from the February high. Netflix ‘s earnings come out Thursday afternoon on ” Closing Bell: Overtime .” NFLX 3M mountain Netflix over the past three months UnitedHealth The health giant reports before the bell. Shares are up about 15% in the past three months. UnitedHealth is off 7% from the November high. Regional banks reporting before the bell All of the below are down almost 30% from their 52-week highs, which they reached in November. Also, they’re all based in cities that start with the letter C. See if you can get that in another night stock note. Cincinnati-based Fifth Third is down 20% in three months. KeyCorp , based in Cleveland, is down 21% in three months. Charlotte-based Truist Financial is down 20% in three months. Huntington Bancshares of Columbus, Ohio is down 21% in three months. Generics and tariffs CNBC TV’s pharmaceuticals reporter Angelica Peebles will take a look at the impacts of tariffs on generic drugmakers. Teva is one of the world’s biggest. Shares are down 12.6% in April. The stock is 41% from the December high. Hertz We’ll have more on investor Bill Ackman buying into Hertz . CNBC’s Scott Wapner broke news on the size of the stake Wednesday. Shares were up 60% at their high point, closing up 56%. The stock is down 13% in the past 12 months.
