NKE - US Stocks Remain Volatile As Fear Continues To Grip Markets | Benzinga
The CNN Money Fear and Greed index moved to the "Extreme Fear" zone on Wednesday.
U.S. stocks closed mixed, with the Dow Jones Industrial Average moving lower on Wednesday. The benchmark 10-year Treasury yield climbed to its highest level since 2007, while crude oil futures gained more than 3% during the session.
Investors remained concerned that the Federal Reserve’s commitment to keeping interest rates high for an extended period could slow the country’s economic growth.
On the economic data front, U.S. durable goods orders increased 0.2% month-over-month in August versus a revised 5.6% decline in July, and beating market expectations for a 0.5% fall.
Costco Wholesale Corporation (NASDAQ: COST) shares gained ...