SCS - Investor Sentiment Falls; Fear & Greed Index Moves To 'Greed' Zone | Benzinga
The CNN Money Fear and Greed index showed a decline in overall market sentiment, with the index moving back to the "Greed" zone on Wednesday.
U.S. stocks closed lower on Wednesday, with the Dow Jones index snapping its nine-day winning streak.
On the economic data front, the U.S. current account deficit narrowed by 7.6% to $200.3 billion in the third quarter, versus the revised figure of $216.8 billion in the prior quarter compared to markets estimates of a $196 billion gap.
FedEx Corporation (NYSE: FDX) was the biggest laggard in the S&P 500, falling over 12% on Wednesday after the company reported worse-than-expected second-quarter financial results. ...