Market Sentiment - The CNN Money Fear and Greed index has sharply declined, moving into the "Fear" zone with a current reading of 29.5, down from 46.6 [5] - U.S. stocks experienced significant losses, with the S&P 500 dropping 2.4% and the Dow declining 2.7% last week [1][4] Economic Data - The University of Michigan consumer sentiment index decreased to 55 in October from 55.1 in September, slightly above market estimates of 54.2 [3] Sector Performance - Most sectors in the S&P 500 closed negatively, with information technology, consumer discretionary, and energy stocks facing the largest losses [3] - Consumer staples stocks were an exception, closing higher despite the overall market trend [3] Company-Specific Movements - Advanced Micro Devices Inc. (NASDAQ:AMD) led the tech sector decline, falling 7.8% after a strong previous week [2] - Investors are anticipating earnings results from Fastenal Co. (NASDAQ:FAST) and Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) [4]
Nasdaq Dips Over 800 Points Following Trump's Tariff Threats On China: Investor Sentiment Declines, Greed Index Moves To 'Fear' Zone - Advanced Micro Devices (NASDAQ:AMD)