TSLA - Investor Fear Grows Following Powell's Comments | Benzinga
The CNN Money Fear and Greed index showed growth in the overall fear level but remained in the "Fear" zone on Thursday.
U.S. stocks closed lower on Thursday, following comments from Federal Reserve Chair Jerome Powell. He acknowledged the persistence of elevated inflation levels, stating, "Incoming data over recent months show ongoing progress toward both of our dual mandate goals — maximum employment and stable prices.”
Traders see around a 97% chance that the central bank will keep rates unchanged at its next policy meeting.
Tesla, Inc. (NASDAQ: TSLA) shares fell 9.3% on Thursday after the company reported worse-than-expected third-quarter financial results. Netflix, Inc. (NASDAQ: NFLX) ...