Benzingaยท2025-04-11 07:07Market Overview - The CNN Money Fear and Greed index indicated an increase in overall fear, remaining in the "Extreme Fear" zone with a reading of 8.4, down from 12.3 [5][6] - U.S. stocks experienced a decline, with the Dow Jones index dropping over 1,000 points during the session, closing lower by approximately 1,015 points to 39,593.66 [3] Sector Performance - Most sectors on the S&P 500 closed negatively, with energy, information technology, and communication services experiencing the largest losses [3] - Consumer staples stocks were an exception, closing higher despite the overall market trend [3] Company-Specific Movements - Apple Inc. shares fell over 4%, Nvidia Corp. declined around 6%, and Tesla Inc. tumbled more than 7% during the session [2] - Investors are anticipating earnings results from Morgan Stanley, Wells Fargo & Co., and JPMorgan Chase & Co. [4] Economic Indicators - The Consumer Price Index decreased from 2.8% year-over-year in February to 2.4% in March, below the expected 2.6%, marking the lowest reading since September 2024 [2] - Monthly inflation recorded a negative change of 0.1%, the first decline since May 2020 [2]