Investor Optimism Falls As Dow Tumbles Around 200 Points
Portfolio Pulse from Lisa Levin
US stocks settled lower on Wednesday, with NVIDIA Corporation (NASDAQ:NVDA) and Apple Inc. (NASDAQ:AAPL) shares losing more than 3%. The Dow Jones closed lower by around 199 points. The CNN Money Fear and Greed index showed a decline in overall sentiment among U.S. investors. Investors are awaiting earnings results from Science Applications International Corporation (NYSE:SAIC), ABM Industries Incorporated (NYSE:ABM) and RH (NYSE:RH).
September 07, 2023 | 6:21 am
News sentiment analysis
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NEGATIVE IMPACT
Apple Inc. shares lost more than 3% during the session.
The decline in Apple's share price is directly related to the overall negative sentiment in the market. This could potentially lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
NVIDIA Corporation shares lost more than 3% during the session.
The decline in NVIDIA's share price is directly related to the overall negative sentiment in the market. This could potentially lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from ABM Industries Incorporated.
The upcoming earnings results from ABM could potentially impact the company's share price. However, the direction of the impact will depend on whether the results meet, exceed, or fall short of market expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from RH.
The upcoming earnings results from RH could potentially impact the company's share price. However, the direction of the impact will depend on whether the results meet, exceed, or fall short of market expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from Science Applications International Corporation.
The upcoming earnings results from SAIC could potentially impact the company's share price. However, the direction of the impact will depend on whether the results meet, exceed, or fall short of market expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80