Nasdaq Ends 1.5% Lower As Tesla, Nvidia, And Apple Fall: Investor Optimism Declines, Fear Index Remains In 'Greed' Zone
Portfolio Pulse from Avi Kapoor
The Nasdaq ended 1.5% lower as major tech stocks like Tesla, Nvidia, and Apple fell. The CNN Money Fear and Greed index showed a decline in market sentiment but remained in the 'Greed' zone. Investors are awaiting earnings results from Conagra Brands, RPM International, and Levi Strauss.
October 02, 2024 | 7:01 am
News sentiment analysis
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NEGATIVE IMPACT
Apple's stock declined as tech stocks faced pressure from negative market sentiment.
Apple's stock is affected by overall tech sector performance and market sentiment, leading to its decline.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Nvidia shares dropped as part of a broader tech sell-off, reflecting investor caution.
Nvidia's stock is part of the tech sector, which saw significant losses, impacting its share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Tesla's stock closed lower amid a broader market decline, influenced by negative sentiment and geopolitical concerns.
Tesla's stock is sensitive to overall market sentiment and geopolitical issues, which contributed to its decline.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting Conagra Brands' earnings results, which could influence its stock price.
Conagra's upcoming earnings report is a key event for investors, but its impact on the stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Levi Strauss' earnings results are awaited, which could affect its stock performance.
Levi Strauss' earnings report is a key focus for investors, but its immediate impact on the stock is uncertain.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
RPM International's earnings results are anticipated by investors, potentially impacting its stock.
RPM's earnings report is a significant event, but the short-term impact on its stock price is unclear.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60