Market Volatility: Dow Jones Futures Drop, Meta and Amazon Stocks Plunge

The Dow Jones Industrial Average dropped as jobless claims rose and GDP data showed stronger-than-expected growth. Meta Platforms stock tumbled despite strong results, while Amazon earnings are awaited. Other key movers in the market include Align Technology, Baker Hughes, Bristol-Myers, IBM, Mastercard, Merck, Mobileye, Nextracker, and ServiceNow. Oil prices also fell, erasing Wednesday's rebound. The market is currently in a correction, with the Nasdaq composite down for the fourth quarter and approaching a key test of institutional support at the long-term 200-day moving average.