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

Stocks slid on Wednesday, with the Dow Industrials dropping about 245 points. Here’s what CNBC is watching heading into Thursday.

Elon Musk ditched California, but the state will get a much-needed win from SpaceX’s IPO May 20, 2026
Elon Musk stormed out of the state and took the headquarters of SpaceX and Tesla with him. But many current and former employees still call it home.
William Gavin
Writing your own obituary can help you live a better life. Here’s how to get started. May 20, 2026
By summarizing the life you’ve lived so far and the life you want to have from now on, you add meaning and intentionality to your days.
Morey Stettner
Is RFK Jr.’s ‘carnivore diet’ healthy? Here’s what you need to know. May 20, 2026
There isn’t much high-quality research linking the carnivore diet with beneficial long-term health outcomes like eliminating visceral fat. People should know that.
Beth Krietsch
Anthropic’s latest hire led AI at Tesla, worked at OpenAI and received high praise from Elon Musk May 20, 2026
Tesla’s former head of artificial intelligence, Andrej Karpathy, is joining Anthropic — while his old boss, Elon Musk, ties SpaceX more tightly to the AI startup.
William Gavin
My late mother’s bank account is $2,000 short. Can the bank legally refuse to provide her final statement? May 20, 2026
‘I am the beneficiary on her checking account’
Quentin Fottrell
I’m selling my $1 million Maui home. Will my agent charge me less than a 6% commission? May 20, 2026
“Legislation introduced in 2024 was designed to finally upend the traditional 6% real-estate commission model.”
Quentin Fottrell
Are businesses passing on higher energy costs to their customers? Fed minutes may have the answer. May 19, 2026
The market is concerned about the Fed’s readiness to react to high inflation.
Greg Robb
Buckle up for $120 oil changes. Why car care is about to get more expensive. May 19, 2026
Drivers are in a jam. But skipping and delaying maintenance may mean bigger repairs later.
Andrew Keshner
These charts offer a warning: A new era of higher Treasury yields may be coming May 19, 2026
This “pennant” chart pattern warns that Treasury yields could be headed much higher. But an alternative scenario isn’t so good either.
Tomi Kilgore
Here’s why Astera Labs’ stock just staged a big gain May 19, 2026
Investors seemed pleased by the connectivity company’s firm timeline for a new switch and its talk of revenue opportunities in optical networking.
Hannah Pedone