Nasdaq Tumbles Over 200 Points Amid Tech Sell-Off: Investor Sentiment Declines, But Fear Index Remains In 'Greed' Zone

benzinga_article
2026.04.29 08:00
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The Nasdaq Composite fell over 200 points amid a tech sell-off, reflecting a decline in investor sentiment, although the CNN Fear & Greed Index remains in the 'Greed' zone at 63.8. Oil prices rose despite geopolitical tensions, while concerns over AI spending impacted tech stocks. Earnings reports from Coca-Cola and General Motors were positive, but the Dow Jones and S&P 500 also closed lower. Investors are awaiting earnings from major tech companies like Microsoft and Amazon.