Nasdaq Dips Over 300 Points: Investor Sentiment Declines, Fear Index Remains In 'Greed' Zone
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U.S. stocks, particularly the Nasdaq Composite, fell over 300 points as investor sentiment declined, with the CNN Money Fear and Greed index remaining in the 'Greed' zone. The market's retreat followed failed peace talks involving President Trump and European leaders, prompting profit-taking after a recent rally. Notable stock movements included Intel Corp. rising 7% due to a $2 billion investment from SoftBank, while the S&P 500 fell 0.59%. Investors are awaiting earnings results from major companies and Federal Reserve Chair Jerome Powell's upcoming speech for insights on interest rates.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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