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Wednesday's big stock stories: What's likely to move the market in the next trading session

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The S&P 500 and the 30-stock Dow touched fresh all-time highs before closing near the flatline on Tuesday. Here's what CNBC is watching going into Wednesday.

Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City.Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today.Here's what CNBC TV's producers were watching during Tuesday's trading and what's on the radar for the next session.at the Future Proof investment conference on Tuesday that "the Fed needs to cut rates by 150 basis points pretty quickly.

The S&P utilities sector currently has a relative strength index of 76. An RSI reading above 70 generally means that a security is overbought. It's no guarantee that it's about to fall. Rather, the RSI is just one metric traders look at when determining how fast an asset is moving one way or the other. An RSI below 30 generally means that the asset is oversold.The S&P real estate sector also has an RSI above 70. It is up roughly 18% in three months, while tech is down 4.

is 6% from the July 10 high. It is up 3.2% in a week and flat in the last month. It's down 2.4% in three months.is 3.8% from the July 16 high. It's up 2.5% in a week and flat in a month. The fund is down 0.9% in three months.

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