Dow Jones jumps 164 points while Nasdaq Composite drops 2%
NEW YORK, New York - The Dow Jones burst higher for a ninth consecutive trading day, however the broader market weakened with the Nasdaq Composite diving on major falls in Tesla and Netflix.
"Although the number of bear market prognosticators has certainly thinned out given the market's impressive run, there remains a diehard contingent that have viewed recent trends as nothing more than a bear market rally," BMO