Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. Here’s what CNBC television producers were watching Wednesday and what they’re looking at for Thursday’s session. S&P 500: New High The S&P 500 relative strength index is currently 68. 70 is considered “overbought” and 30 is considered “oversold.” RSI is one of several indicators that traders use to determine whether a stock or index is rising or falling too quickly. However, being overbought or oversold does not necessarily mean an imminent rise or fall in the stock price. NewEdge Wealth’s Rob Sechan said on Wednesday’s “Closing Bell” that half of the S&P 500 index is above its 50-day moving average. He believes this suggests that it will lose support if there is a change in investor sentiment. Highs and RSI The Nasdaq, Nasdaq 100, and Dow all set new highs today. Both the Nasdaq 100 and Nasdaq RSI are above 70, indicating a rapid rise. The Dow Jones Industrial Average RSI is 66.65. The S&P Industrials, Communications Services, and Tech sectors all hit new highs. Industrial products have an RSI of just 55, while communications services have an RSI of 67. Tech stocks have an RSI of 74.5, indicating they are in overbought territory. The other side of the coin The S&P Real Estate sector is up 9.6% from its November high. The S&P Energy sector has risen 8.6% from its November high. The S&P Materials and Consumer Staples sectors are both down 7.7% from their highs. Meta, Microsoft, Alphabet CNBC will be following these three companies on Thursday following their earnings reports on Wednesday. Meta beat expectations, but announced about $16 billion in taxes and said fourth-quarter sales would be in the range of $56 billion to $59 billion. The midpoint of that range is higher than experts expected. Still, the stock was down about 7% after hours. The stock ended less than 6% from its August high. Microsoft beat expectations and announced 40% growth in its Azure cloud. The stock price fell about 4% in extended trading. The stock is down less than 3% from its July high. Alphabet beat estimates too. The company said it would increase capital spending this year to up to $93 billion. Cloud and AI sectors showed growth. Shares are up 6% after hours. Stocks hit new highs on Wednesday. GOOGL YTD Mountain Google’s Year-to-date Stock Price Amazon and Apple’s Thursday After-Bell Reports Amazon has been flat over the past three months since its last quarterly report. The stock is up 5% from its February high and 5% since the beginning of the year. Apple is up 28% since its last report three months ago. The stock hit an all-time high on Wednesday and is up about 8% in 2025. AMZN YTD Mountain Amazon Stock Year to Date Tariff Negotiations with Tom Rotunno: What We Learned Today: Caterpillar now expects to pay $1.6 billion to $1.75 billion in tariffs this year, up from its previous forecast of $1.3 billion to $1.5 billion. Still, stocks rose double digits today, the best day since 2009. CAT is currently up more than 61% year-to-date and more than 36% in the past few months. Brinker International warned that tariffs are increasing commodity prices. “The last time we talked about tariffs, they were a little more fluid, but now they’re starting to take shape. We raised our prices a little bit in October, and we’ll be raising our prices a little bit more in January to offset the tariffs,” Brinker Chief Financial Officer Micah Ware said on an earnings call. Brinker stock fell 7% on Wednesday, on pace for a fourth straight month of declines, during which it has fallen more than 30%. Year-to-date, it’s down 13%. What we learn tomorrow on the tariff front: We’ll get some revenue from Estée Lauder before the bell on Thursday. When it last reported results on Aug. 20, the company warned that the tariffs would take a $100 million hit to its fiscal 2026 profitability. Since then, the stock has risen more than 8% and is up almost 100% since April 9, making it up more than 30% year-to-date. Meanwhile, Ulta Beauty shares are up about 1% over the past three months, but are up more than 16% year-to-date and 54% since April 9. Elf Beauty stock is up 6% in the past three months, 1% since the beginning of the year, and nearly 150% since April 9th.
