The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index moving to the "Neutral" zone on Thursday.
U.S. stocks closed lower on Thursday, with the Dow Jones index recording its worst session since March 2023 and also logging losses for the fourth straight day.
U.S. stocks turned lower toward the end of trading, with the Dow Jones index falling more than 200 points on Thursday.
The Dow traded down 0.59% to 38,894.58 while the NASDAQ fell 0.10% to 16,261.88. The S&P 500 also fell, dropping, 0.28% to 5,197.03.
US equities rallied on Thursday as investors expected slower labor market growth and potential rate cuts. AI-related stocks and major indices all saw gains.
The company expects the following in the fiscal 2024 fourth quarter:
Consolidated sales to be approximately flat compared to prior-year record results.
CPG sales to increase in the low- to mid-single-digit
The CNN Money Fear and Greed index showed some improvement in overall market sentiment on Wednesday, but it remained in the "Greed" zone.
U.S. stocks closed mixed on Wednesday, with the Dow Jones index recording losses for the third consecutive session.