The CNN Money Fear and Greed index showed some improvement in the overall sentiment among US investors.
US stocks closed mostly lower on Wednesday as investors digested minutes from the Federal Reserve’s recent meeting.
After Tuesday’s brutal sell-off, sentiment continues to remain unsettled. The index futures point to indecision and a lack of conviction among traders on Wednesday as they look ahead to more Main Street cues.
Cues From Tuesday’s Trading:
The latest batch of inflation data sent U.S. Treasury rates to the highest level since November and the SPDR S&P 500 ETF Trust (NYSE: SPY) lower once again this week.
Affirm Holdings Inc (NASDAQ: AFRM) topped off the earnings season for “buy now, pay later” and lending stocks with a disappointing report Wednesday — a possible indicator that the upcoming reports for other stocks in the sector may be just as sour.
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