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

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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

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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

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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.
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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.

Source: Investing - cnbc.com

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