MSFT - Investor Sentiment Falls Sharply Following Fed's Rate Decision; Dow Dips Over 300 Points | Benzinga
The CNN Money Fear and Greed index showed a sharp decline in the overall market sentiment, while the index remained in the "Greed" zone on Wednesday.
U.S. stocks closed lower on Wednesday following Federal Reserve chairman Jerome Powell’s indication that the central bank will unlikely cut rates in March. The Fed maintained its benchmark fed funds rate range at 5.25%-5.5%.
Shares of Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) fell around 7.4% on Wednesday following fourth-quarter results. Microsoft Corporation (NASDAQ: MSFT) shares fell 2.7% after posting results for its second quarter. The Boeing Company (NYSE: BA) shares gained 5.3% on Wednesday following better-than-expected fourth-quarter ...