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

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as the S & P 500 ended the day within striking distance of its record, and what's on the radar for the next session. Nike The shoe giant will report after the bell on Thursday. Nike is down 8.6% over the past three months. The stock is down 38% from the high reached last June. NKE 3M mountain Nike shares over the past three months McCormick The Maryland-based spice company will report Thursday morning before the bell. McCormick shares are down 8.2% over the past three months. The stock is 15% from the March high. Old Bay is just one of the great products the company makes. Try it on fries. Cybersecurity In the past three trading days since the U.S. bombed Iran's nuclear sites , the Amplify Cybersecurity ETF (HACK) is up 3%. The ETF hit a new high Wednesday. The thinking among investors is that the stocks in the ETF will get more attention due to the threat from Iran's sophisticated army of hackers. Earlier this week, CrowdStrike CEO George Kurtz said the industry was seeing a jump in "denial of service" attacks and other hack attempts from Iran but now that there's a ceasefire it's unclear if that threat will continue. In the past, the U.S. has charged Iranian hackers with running cyberattacks against U.S. financial firms, as well as ransomware operations . HACK 5D mountain The Amplify Cybersecurity ETF (HACK) over the past five trading days Israel after the '12-Day War' The iShares MSCI Israel ETF (EIS) is up 12.5% since when Israel first attacked Iran in an attempt to take out that country's ballistic missile and nuclear threat. The thinking is that if Iran could be weakened, Arab states would be more free to make peace deals with Israel and that removing a threat in the Middle East would lead to increased investment in the region, including in Israel. The ETF is up about 20% so far in 2025. President Donald Trump's U.S. Special Envoy to the Middle East Steve Witkoff told CNBC TV's Morgan Brennan on "Closing Bell: Overtime" Wednesday: "We think we will have big announcements on countries that are coming into the Abraham Accords ," referring to the peace process from Trump's first term. New York City After Zohran Mamdani became the apparent victor in the New York City Democratic mayoral primary, several stocks tied to the city and a municipal bond ETF fell. Flagstar , formerly known as New York Community Bank, has a large number of properties subject to "some form of rent regulation," according to a Morgan Stanley note. The stock fell nearly 4% on Wednesday. It is down 7.6% so far this week. SL Green dropped 5.7% on Wednesday. The company is a major landlord in New York. Shares are down 9% so far this week. As New York closed in on Tuesday's vote, more investors got nervous as the polls showed Mamdani was leading. Vornado dropped almost 7% Wednesday. The stock is down about 11% in three days. The iShares New York Muni Bond ETF (NYF) is now yielding 2.92%. The ETF was marginally lower Wednesday. FLG 5D mountain Flagstar Financial in the past five trading days The next Nasdaq 100 Wednesday on CNBC's " Squawk Box " with Becky Quick, Joe Kernen and Andrew Ross Sorkin, hedge fund giant Philippe Laffont of Coatue Management said he believes the Nasdaq 100 will be very different in five years. There's an ETF that tries to get ahead of some of that: the Invesco Nasdaq Next Gen 100 ETF (QQQJ) . It is off 4.3% from the February high. It is up 2.2% so far in 2025. This year's top components are Israeli defense company Elbit Systems , up 67% in 2025. Seagate Technology is up about 60% in 2025. Super Micro Computer is up around 53% year to date. Insmed and NetEase are both up roughly 50% so far this year. The current Nasdaq 100 and the ETF that follows it, the Invesco QQQ , have outperformed QQQJ. The QQQ hit a new high Wednesday. It is up nearly 6% so far this year.