Investor Sentiment Declines Slightly After Dow Drops Over 100 Points
Portfolio Pulse from Lisa Levin
Investor sentiment declined slightly as the CNN Money Fear and Greed index dropped from 83.0 to 82.0. U.S. stocks closed lower on Friday, with the S&P 500 breaking its six-session win streak. Adobe Inc. reported better-than-expected Q2 results, and investors await earnings results from FedEx Corporation and La-Z-Boy Incorporated.
June 20, 2023 | 6:48 am
News sentiment analysis
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NEUTRAL IMPACT
Investors are awaiting earnings results from FedEx Corporation.
The upcoming earnings results from FedEx Corporation may have a neutral impact on its stock price in the short term, as the market is still waiting for the actual results to be released.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from La-Z-Boy Incorporated.
The upcoming earnings results from La-Z-Boy Incorporated may have a neutral impact on its stock price in the short term, as the market is still waiting for the actual results to be released.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Adobe Inc. shares rose after reporting better-than-expected Q2 results and strong earnings guidance.
Adobe's better-than-expected Q2 results and strong earnings guidance are likely to have a positive impact on its stock price in the short term, as investors may see this as a sign of the company's strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100