Investor Sentiment Declines After S&P 500 Falls For Second Straight Week
Portfolio Pulse from Lisa Levin
The CNN Money Fear and Greed index showed a decline in overall sentiment among U.S. investors on Friday, as U.S. stocks closed lower. The S&P 500 and Nasdaq both recorded losses for the second straight week. Adobe Inc. and Lennar Corporation shares fell after reporting third-quarter results. Investors are awaiting earnings results from Stitch Fix, Inc. and Investcorp Credit Management BDC, Inc.
September 18, 2023 | 7:19 am
News sentiment analysis
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NEUTRAL IMPACT
Investors are awaiting earnings results from Investcorp Credit Management BDC, Inc.
The upcoming earnings report from Investcorp Credit Management could potentially impact the company's stock price, but the direction of the impact is uncertain at this time.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from Stitch Fix, Inc.
The upcoming earnings report from Stitch Fix could potentially impact the company's stock price, but the direction of the impact is uncertain at this time.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Adobe Inc. shares fell 4.2% after the company reported third-quarter financial results and issued guidance.
Adobe's stock price fell after the company reported its Q3 results, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Lennar Corporation shares fell 2.5% after reporting third-quarter results.
Lennar's stock price fell after the company reported its Q3 results, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100