The CNN Money Fear and Greed index showed further easing in the investor sentiment after the Dow Jones tumbled by around 350 points on Tuesday.
The S&P dropped for a fourth consecutive session amid fears of recession. Markets are largely projecting the Fed to raise interest rates by a half-percentage point when it meets next week.
Major Wall Street indices closed over 1% lower on Tuesday as recession worries weighed on investors’ minds. The Nasdaq closed 2% lower, while the Dow Jones ended 1.03% down and the S&P 500 declined 1.44%.
Data from https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment
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The SPDR S&P 500 ETF Trust (NYSE: SPY) rallied this week following dovish commentary from the Federal Reserve chair, but the November jobs report revealed the U.S.
AMC Entertainment Holdings, Inc (NYSE: AMC) opened slightly lower on Thursday before surging over 25% at one point to tag the 200-day simple moving average (SMA).