Fear & Greed Index Remains In ‘Extreme Greed’ Zone; PCE Data In Focus



The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, but the index remained in the “Extreme Greed” zone on Wednesday.

U.S. stocks closed mostly lower on Wednesday, ahead of a key inflation report. Data on personal consumption expenditure for January will be released on Thursday.

ADT Inc. (NYSE: ADT) reported better-than-expected earnings for its fourth quarter on Wednesday. The TJX Companies, Inc. (NYSE: TJX) posted better-than-expected sales for its fourth quarter.

On the economic data front, the U.S. economy grew an annualized 3.2% in the fourth quarter versus a 4.9% rate in the …

Full story available on Benzinga.com


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