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

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Tech shares sold off sharply Tuesday, dragging the S&P 500 to its worst day since August. Here’s what CNBC TV is watching going into Wednesday.

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 as the three major averages started September on a losing note, and what's on the radar for the next session.lost more market value than any other stock in a single day: $279 billion. That's a big number.

If you look at the utilities sector going back to March 2022 — as rates started to rise — it is up 7% since then. The Relative Strength Index of the sector is 71. Some traders might think this reading suggests the utilities sector is overbought, but it doesn't necessarily mean that it's guaranteed to fall.Champion HomesThe S&P Energy sector was a bit of a downer Tuesday, losing 2.4%. It is now 9.4% from the April high.Brent and WTI are both down 4% in a month.CNBC's Contessa Brewer will look at the gambling stocks on Wednesday as we close in on the first game of the football season.

By the way, on Thursday's"Squawk Box," CNBC will release a much-awaited list of how much NFL teams are worth. Don't miss it. It's going to be big.Dollar General shares tanked after the company issued its results last Thursday. The stock was up 1% Tuesday, but it's still down about 33% in a week.

 

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