WBA - Fear & Greed Index Moves To 'Greed' Zone; Nasdaq Tumbles For 4th Consecutive Day | Benzinga
The CNN Money Fear and Greed index showed a further decline in overall market sentiment, with the index moving to the "Greed" zone on Wednesday.
U.S. stocks closed lower on Wednesday following the release of Fed minutes, with the Nasdaq Composite recording losses for a fourth straight session.
The Fed’s latest minutes from the December meeting showed that policymakers acknowledged that interest rates are likely at or near the cycle’s peak, indicating a potential shift in monetary policy as the economic landscape evolves.
Major indices recorded sharp gains last year, with the S&P 500 surging over 24% and the Nasdaq gaining 43% in 2023.
Shares of UniFirst Corporation (NYSE: UNF) fell around 7% on Wednesday after the company released ...