S&P 500 Down Over 1% As Nvidia, Tesla Tumble: Greed Index Remains In 'Fear' Zone
Portfolio Pulse from
The S&P 500 index fell by over 1% as major stocks like Nvidia and Tesla experienced declines. The CNN Money Fear and Greed index indicated an increase in fear, remaining in the 'Fear' zone.
January 08, 2025 | 9:00 am
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NEGATIVE IMPACT
Nvidia's stock contributed to the S&P 500's decline, reflecting increased market fear.
Nvidia's stock decline was significant enough to impact the S&P 500 index, indicating a negative sentiment in the market. The increased fear level suggests potential further short-term declines.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Tesla's stock decline was a major factor in the S&P 500's over 1% drop, amid rising market fear.
Tesla's stock decline significantly contributed to the S&P 500's drop, reflecting increased fear in the market. This suggests potential further short-term pressure on Tesla's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80