The CNN Money Fear and Greed index showed a decline in overall market sentiment, but the index remained in the "Extreme Greed" zone on Wednesday.
U.S. stocks closed higher on Wednesday, with the Dow Jones notching a new closing high during the session. The S&P 500 also hovered near its closing record of 4,796.56 recorded during Jan. 2022.
On the economic data front, the Manufacturing Activity Index in the Richmond area fell to -11 in December, recording the lowest reading in ten months and versus a reading of -5 in the prior month. The U.S. Fifth District Survey of Service Sector Activity's revenues index fell ...