Investor Sentiment Declines After Dow Snaps 13-Day Win Streak
Portfolio Pulse from Lisa Levin
Investor sentiment in the US has declined, as indicated by the CNN Money Fear and Greed index. The Dow Jones closed lower on Thursday, snapping a 13-day win streak. Meta Platforms, Inc. reported better-than-expected Q2 results, causing its shares to jump around 4.4%. The US economy grew by an annualized 2.4% QoQ in Q2, higher than market estimates of 1.8%. Investors are awaiting earnings results from Colgate-Palmolive Company, The Procter & Gamble Company, and Exxon Mobil Corporation.
July 28, 2023 | 7:04 am
News sentiment analysis
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POSITIVE IMPACT
Meta Platforms, Inc. reported better-than-expected Q2 results, causing its shares to jump around 4.4%.
The better-than-expected Q2 results reported by Meta Platforms, Inc. have positively impacted its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from Colgate-Palmolive Company.
The upcoming earnings results from Colgate-Palmolive Company could potentially impact its stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Investors are awaiting earnings results from The Procter & Gamble Company.
The upcoming earnings results from The Procter & Gamble Company could potentially impact its stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Investors are awaiting earnings results from Exxon Mobil Corporation.
The upcoming earnings results from Exxon Mobil Corporation could potentially impact its stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50