As the Dow Jones Industrial Average (DJI) plunges 1,500 points, and is currently about -4.4% year-to-date, we look at the stocks holding up in the index. CNBC first used the term “Teflon market” to refer to a market that appears to be unaffected by negative news or events,

U.S. stocks are taking a beating Thursday morning after President Donald Trump unveiled reciprocal tariffs against more than 180 countries. The Dow Jones Industrial average fell by more than 1,500 points, or 3.6%, while the Nasdaq fell over 800 points, or 4.7% and the S&P 500 fell over 200 points, or 3.8%.