Fear & Greed Index Moves To 'Fear' Zone After Dow Falls For Third Straight Session
Portfolio Pulse from Lisa Levin
The CNN Money Fear and Greed index moved to the 'Fear' zone as U.S. stocks closed sharply lower on Thursday. The Federal Reserve maintained the federal funds rate within the 5.25% to 5.5% range, with a majority of committee members viewing another rate increase as appropriate. FedEx Corporation (FDX) shares gained 4.5% after reporting mixed first-quarter financial results. Investors are awaiting earnings results from Dynatronics Corporation (DYNT) and NETSOL Technologies, Inc. (NTWK).
September 22, 2023 | 7:17 am
News sentiment analysis
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NEUTRAL IMPACT
Investors are awaiting earnings results from Dynatronics Corporation.
The upcoming earnings results from Dynatronics Corporation could potentially impact the company's stock price, depending on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
Investors are awaiting earnings results from NETSOL Technologies, Inc.
The upcoming earnings results from NETSOL Technologies, Inc. could potentially impact the company's stock price, depending on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
FedEx shares gained 4.5% after reporting mixed first-quarter financial results.
The gain in FedEx's shares is likely due to the company's mixed first-quarter financial results, which may have been better than what investors were expecting.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80