Market Update: Dow Jones Lags, Nvidia Soars, Tesla Slumps

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Source: Investor's Business Daily
Market Update: Dow Jones Lags, Nvidia Soars, Tesla Slumps
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average dropped 0.6% while the S&P 500 and Nasdaq also saw losses, with the Russell 2000 falling 1% but the Innovator IBD 50 ETF outperforming with a 0.8% increase. Nvidia gained 2.5% on new launches at the CES conference, while Tesla dipped over 2%. Juniper Networks surged over 20% on acquisition news, and Urban Outfitters rose over 7% on strong holiday sales. Earnings movers included Neogen, and upcoming bank earnings from JPMorgan Chase, Wells Fargo, Bank of America, and Citigroup are anticipated.

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