"Market Volatility: Dow Jones Falls, Stocks Slump on Rate Outlook Jitters"
TL;DR Summary
The Dow Jones Industrial Average dropped 150 points after strong U.S. retail sales in December, with tech stocks like Apple, Nvidia, and Tesla selling off sharply. The S&P 500 and Nasdaq 100 also experienced losses, while oil prices dropped and the 10-year yield ticked higher. Key earnings movers included Charles Schwab, Interactive Brokers, and U.S. Bancorp. Additionally, several stocks, including Amazon, MercadoLibre, Netflix, Novo Nordisk, and Spotify, were highlighted as best stocks to buy and watch in the current market rally.
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