Fear & Greed Index Moves To 'Extreme Greed' Zone After Dow Jumps Over 200 Points
Portfolio Pulse from Lisa Levin
The CNN Money Fear and Greed index moved to the 'Extreme Greed' zone as U.S. stocks closed higher on Tuesday. Dow Jones recorded gains for the first time in seven days. Walgreens Boots Alliance shares dropped over 9% after the company lowered its full-year profit forecast and reported downbeat quarterly earnings. Investors are awaiting earnings results from General Mills, UniFirst Corporation, and Micron Technology.
June 28, 2023 | 6:32 am
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Walgreens Boots Alliance shares dropped over 9% after the company lowered its full-year profit forecast and reported downbeat quarterly earnings.
The company's lowered profit forecast and downbeat quarterly earnings are likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from General Mills.
The upcoming earnings results could impact the stock price, but the direction will depend on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Investors are awaiting earnings results from Micron Technology.
The upcoming earnings results could impact the stock price, but the direction will depend on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Investors are awaiting earnings results from UniFirst Corporation.
The upcoming earnings results could impact the stock price, but the direction will depend on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50