Dow Dips Over 300 Points Amid Trade Concerns: Investor Fear Increases, Greed Index Remains In 'Fear' Zone

Market Overview - U.S. stocks experienced a decline, with the Dow Jones index falling over 300 points due to disappointing earnings guidance and rising U.S.-China trade tensions [1][4] - The Dow Jones closed lower by approximately 334 points at 46,590.41, while the S&P 500 and Nasdaq Composite fell by 0.53% and 0.93%, respectively [4] Company Performance - Netflix Inc. was the largest laggard in the S&P 500, dropping more than 10% after reporting a $619 million loss related to a tax dispute in Brazil, overshadowing its strong content performance [2] - AT&T Inc. shares fell around 2% following the announcement of its fiscal third-quarter financial results [2] Economic Indicators - The volume of mortgage applications decreased by 0.3% from the previous week for the week ending October 17 [3] - Most sectors in the S&P 500 closed negatively, with communication services, industrials, and consumer discretionary stocks experiencing the largest losses, while energy and consumer staples stocks closed higher [3] Investor Sentiment - The CNN Money Fear and Greed index indicated an increase in overall fear, remaining in the "Fear" zone with a current reading of 26.5, down from a prior reading of 29 [5]