"Dow Jones Climbs as Tesla Slumps on Downgrade and Jobless Claims"

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Source: Investor's Business Daily
"Dow Jones Climbs as Tesla Slumps on Downgrade and Jobless Claims"
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average rose after the Labor Department reported initial unemployment claims, while Tesla stock hit a new low following an analyst downgrade. Streaming giant Netflix plans to disclose earnings after the close. The 10-year Treasury yield ticked higher, and oil prices climbed. Key earnings movers included Alcoa, Discover Financial, Las Vegas Sands, D.R. Horton, and Taiwan Semiconductor Manufacturing. Additionally, Broadcom, DraftKings, On Holding, and ServiceNow are among the best stocks to watch in the current market rally.

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