Dow Jones Falls, S&P 500 Tests Key Level On Economic Data; Meta, Tesla Back Off Early Entries

News Snapshot:

The Dow Jones fell modestly early Wednesday, with the S&P 500 and Nasdaq near a key level amid stronger-than-expected economic data. Meanwhile, Roku and GitLab were early winners. Meta stock and Tesla retreated from key levels and possible entries. X The stock market rally lost modest ground Tuesday as Treasury yields rebounded. The major indexes didn't fall too hard thanks to megacaps such as Microsoft (MSFT), Meta Platforms (META) and especially Tesla (TSLA). But market breadth was noticeably weak as The Dow Jones and Russell 2000 indexes fell back below their 50-day lines. Meta, Tesla and MSFT stock, along with...