THO - Why Fear Among US Investors Is Rising | Benzinga
The CNN Money Fear and Greed index remained in the "Fear" zone on Friday.
U.S. stocks closed lower, with the Dow Jones Industrial Average falling more than 100 points on Friday. The Federal Reserve, last week, maintained the federal funds rate within the 5.25% to 5.5% range at its September meeting. However, Fed Chair Jerome Powell said that a majority of committee members view another rate increase as appropriate at one of the two remaining Federal Open Market Committee meetings this year.
On the economic data front, the S&P Global manufacturing PMI rose to 48.9 in September, from 47.9 in the prior month, beating market estimates of 48. The S&P Global services PMI ...