Market Sentiment - The CNN Money Fear and Greed index showed a decline in overall market sentiment, remaining in the "Greed" zone with a reading of 57.5, down from 58.3 [1][6] - U.S. stocks settled mostly lower, with the Dow Jones index falling more than 100 points ahead of the Federal Reserve policy meeting [1][4] Federal Reserve and Economic Indicators - The Federal Reserve is expected to cut rates at the upcoming Federal Open Market Committee meeting, marking the first cut since December 2024, coinciding with stock market indexes at all-time highs [2] - The NAHB/Wells Fargo Housing Market Index remained steady at 32 in September, unchanged from the previous month [2] - U.S. industrial production rose by 0.1% in August, following a 0.4% decline in July, exceeding market expectations of a 0.1% decline [2] Retail Sales and Company Performance - U.S. retail sales increased by 0.6% month-over-month in August, matching the revised gain in July and surpassing market expectations of a 0.2% gain [3] - Dave & Buster's Entertainment Inc. reported weaker-than-expected results for the second quarter [3] Sector Performance - Most sectors on the S&P 500 closed negatively, with utilities, real estate, and information technology stocks experiencing the largest losses [4] - Consumer discretionary and energy stocks performed better, closing higher despite the overall market trend [4] - The Dow Jones closed lower by approximately 125 points to 45,757.90, while the S&P 500 fell 0.13% to 6,606.76, and the Nasdaq Composite declined 0.07% to 22,333.96 during the session [4] Upcoming Earnings - Investors are anticipating earnings results from General Mills Inc., Manchester United PLC, and Cracker Barrel Old Country Store Inc. [5]
Dow Dips Over 100 Points Ahead Of Fed Decision: Investor Sentiment Declines, Fear Index Remains In 'Greed' Zone - Cracker Barrel Old (NASDAQ:CBRL)