Dow Jones Futures Fall With Pullback Underway, Tesla Downgraded Again; Nvidia, AMD Diverge

News Snapshot:

Dow Jones futures fell slightly Thursday morning, along with S&P 500 futures and Nasdaq futures. Tesla stock continued to slide solidly on its second downgrade in as many days. X The stock market rally pulled back Wednesday, with the Nasdaq leading the decline. Nvidia (NVDA) and Tesla (TSLA) retreated after powering higher Tuesday. Advanced Micro Devices (AMD) and Google parent Alphabet (GOOGL) both broke below a key level, while turbocharged artificial intelligence plays Palantir Technologies (PLTR) and AI stock tumbled. Fed chief Jerome Powell reiterated Wednesday that more rate hikes are likely, but didn't really change the outlook from his...