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 higher on Wednesday, with the S&P 500 settling at a fresh record level during the session. The index is up around 10% in the first quarter and is on course to record its best first-quarter surge since 2019.
Wall Street witnessed a mixed session on Wednesday morning trading, with tech giants seeing slight declines while blue chips and small caps recording gains.
Tsakos Energy Navigation Ltd reported Q4 revenue of $220.2M, down from $270.3M in prior year. EPS was $0.85, below $3.17 in prior year. Adjusted EBITDA was $124M. Cash reserves at $377M, debt at $1.56. Plans to pay $0.60 dividend in June 2024, double the amount in 2023.
Shares of LuxUrban Hotels Inc. (NASDAQ: LUXH) fell sharply during Wednesday’s session after the company issued preliminary fourth-quarter revenue outlook below estimates.