Dow Jones Drops 200 Points On Hot Inflation Data; Tesla Stock Falls Before AI Day - Investor's Business Daily

The Dow Jones Industrial Average trimmed sharp losses Friday morning on hot inflation data, which came from the personal consumption expenditure price index, heading into the final trading session of the quarter.

Electric-vehicle leader Tesla (TSLA) traded 1% higher Friday.

Tech titans Apple (AAPL) and Microsoft (MSFT) were mixed after today's stock market open.

In the ongoing stock market weakness, DoubleVerify (DV), Hostess Brands (TWNK), Neurocrine Biosciences (NBIX), Toro (TTC), Vertex Pharmaceuticals (VRTX) and World Wrestling Entertainment (WWE) — as well as Dow Jones stock UnitedHealth (UNH) — are among the top stocks to watch.

DoubleVerify and Vertex are IBD Leaderboard stocks.

Thursday's The Big Picture column commented, "Amid a stock market that continues to fall precipitously, new IBD Leaderboard stock Vertex Pharmaceuticals is a stock market leader to watch.".

Five Dow Jones Stocks To Watch Now.

Dow Jones stock UnitedHealth continues to hold above its long-term 200-day line.

The stock's resilience made it Tuesday's IBD 50 Stocks To Watch pick.

4 Top Growth Stocks To Watch In The Current Stock Market Correction.

Per Leaderboard commentary, DoubleVerify found support near its 50-day line and has a relative strength line at new highs.

Keep in mind that the weak market trend should keep you on the sidelines, but it is one of the top stocks to watch.

Shares are right at their 50-day line following Thursday's 0.1% loss.

Shares are trading back below their 50-day line after Thursday's 1.2% decline.

Vertex Pharmaceuticals decisively regained its 50-day line following Wednesday's 2.7% rally.

Shares are still trying to recover their 50-day line.

Join IBD experts as they analyze leading stocks in the current stock market correction on IBD Live.

Shares are sharply below their 50-day line.

Tesla stock rallied 1% ahead of the company's AI Day.

Among Dow Jones stocks, Apple shares dived 4.9% Thursday on an analyst downgrade.

Apple stock fell 0.2% Friday morning, threatening to extend a losing streak to three sessions.

Be sure to follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on growth stocks and the Dow Jones Industrial Average.

Top Growth Stocks To Buy And Watch.