"Inflation Data Sparks Stock Market Retreat: Dow Jones Slides, Nasdaq and S&P Trade Lower"

The Dow Jones Industrial Average dropped on hot inflation data, while shares of Roku and Coinbase diverged after releasing earnings. The tech-heavy Nasdaq composite also declined. The Labor Department released its producer price index, which showed a significant rise in producer prices. Additionally, key earnings movers include Applied Materials, DraftKings, and Trade Desk. Meanwhile, Lennar, MongoDB, Samsara, and UiPath are among the best stocks to buy and watch in the current market rally. In morning action, Nvidia and Tesla rose, while Apple and Microsoft traded lower.