Watch these emerging markets ETFs, Nvidia and these homebuilder stocks in tomorrow’s trading

MON, MAR 20, 2023

The goal of this newsletter is to get you ahead of the next day of investing and trading. It's your first look at tomorrow and last look at today powered by the team of people who direct CNBC TV's stock market coverage.

Tomorrow's Top CNBC Stories Tonight

As the financial world prepares for Wednesday's Federal Reserve decision...

Seema Mody will look at the impact on emerging markets, a big area of focus over the last several months.
The iShares MSCI Emerging Markets ETF (EEM) is down 5% in the last month.
Since the end of January, EEM is down 10%.
The iShares MSCI Brazil ETF (EWZ) is down 8.7% in a month.
The iShares MSCI China ETF (MCHI) is down 6.7% in a month.

Existing home sales

Diana Olick will have the number at 10 a.m. ET Tuesday.
Many homebuilding stocks have fallen so far in March.
Beazer Homes is down 5% this month.
Masco is down 4.4% this month.
Toll Brothers is down 4% this month.

Nvidia, big chips and (mostly) big gains

Nvidia is up 11.5% in March. Shares are up 21% in a month and up 77% in 2023.
The company will have a key presentation at the GPU Technology Conference tomorrow, focusing largely on artificial intelligence. Kristina Partsinevelos is covering the event for CNBC.
Intel is up 17% in March and up 5.6% in a month. Shares have gained 10% in 2023.
AMD is up 23% in March and up 50% in 2023.
IBM, however, is down 2.6% in March. Shares are off by 6.7% in a month and down 10.6% in 2023.
The VanEck Semiconductor ETF (SMH) is up 5.6% in March and up 25% in 2023.

A bummer for cannabis stocks

Global X Cannabis ETF (POTX), Aurora Cannabis, Canopy Growth and Cronos Group all hit 52-week lows.
POTX is now down 20% in 2023. The ETF fell nearly 4% today.
Aurora is down 28% in 2023. Shares were down 9% today.
Canopy Growth is down 19.5% in 2023. It fell 7% today.
Cronos is down 26% in 2023. The stock is off by 4% today.