The CNN Money Fear and Greed index showed an increase in the overall fear level, while the index moved to the “Extreme Fear” zone on Thursday.
U.S. stocks settled lower on Thursday, with the Nasdaq Composite dipping more than 400 points during the session. Risk-off sentiment returned sharply on Thursday, with AI-linked stocks leading a broad selloff across Wall Street and renewed pressure hitting crypto markets.
In earnings news, Robinhood Markets Inc. (NASDAQ:HOOD) plunged more than 10%, despite beating Wall Street expectations last quarter. The move extends a recent trend of strong results sparking weak price reactions among high-flying stocks such as Palantir Technologies Inc. (NYSE:PLTR) and Advanced …
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