Dow Records Longest Losing Streak Since 1978, Nvidia Declines: Fear & Greed Index In 'Neutral' Zone
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The Dow Jones Industrial Average has recorded its longest losing streak since 1978, with Nvidia's stock also declining. The CNN Money Fear and Greed index indicates a drop in market sentiment, though it remains in the 'Neutral' zone.
December 18, 2024 | 7:00 am
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NEGATIVE IMPACT
The Dow Jones Industrial Average is experiencing its longest losing streak since 1978, indicating potential market instability.
The Dow's prolonged losing streak suggests a bearish trend, which could lead to further declines in the short term as investor confidence may be shaken.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Nvidia's stock has declined, contributing to the overall negative sentiment in the market.
Nvidia's stock decline is part of a broader market downturn, which could lead to further short-term price decreases as investors react to negative sentiment.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80